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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Registration granted U/s 12AA withdrawn - change of accounting ...


Registration Withdrawn u/s 12AA Due to Accounting Policy Change; Method Change Consolidates Multi-Year Losses.

February 1, 2016

Case Laws     Income Tax     AT

Registration granted U/s 12AA withdrawn - change of accounting policy - A change in the method of accounting should not be rejected for reasons that it would result in bringing into accounts in one year the losses of several years - AT

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