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Income Tax - Highlights / Catch Notes

Home Highlights July 2016 Year 2016 This

Expenditure towards bank charges - revenue or capital - when did ...

Case Laws     Income Tax

July 16, 2016

Expenditure towards bank charges - revenue or capital - when did business is set up? - That eventuality cannot arise unless the business has actually been set up. Business was admittedly set up on 7th May, 2006 when it started its business, or may be on 6th May, 2006 when it was ready for starting its business - HC

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