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Income Tax - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

Claim to write off on account of advance disallowed - year in ...

Case Laws     Income Tax

June 3, 2016

Claim to write off on account of advance disallowed - year in which bad-debts crystallized - mercantile system of accounting - only the assessee has determined finally that the amount is irrecoverable - No addition - HC

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