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Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Merely because the industrial undertaking earned higher profits ...


Court Rules Higher Profits Insufficient to Reduce Deduction Claims Without Evidence.

April 13, 2016

Case Laws     Income Tax     AT

Merely because the industrial undertaking earned higher profits does not call for an inference that claim of deduction is to be willy nilly reduced on presumption. - AT

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