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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Provision for accounting and auditing expenses - If the assessee ...


Provisioning for Accounting and Auditing Expenses Deemed Revenue Neutral; Must be Allowed Annually for Assessee.

February 3, 2016

Case Laws     Income Tax     AT

Provision for accounting and auditing expenses - If the assessee is following this practice consistently, then it is revenue neutral because every year this expenditure is required to be allowed - AT

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