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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Addition of cess on green leaf - part of income is agriculture ...

Case Laws     Income Tax

February 10, 2016

Addition of cess on green leaf - part of income is agriculture income - Expenditure on cess should be allowed as a deduction before computing the composite income under Rule 8 and the apportionment is to be made after the income is so computed. - SC

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