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Income Tax - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

Allowance of process loss in Sun Flower Oil - only on basis of ...

Case Laws     Income Tax

August 4, 2016

Allowance of process loss in Sun Flower Oil - only on basis of an isolated answer by one of the Directors of the company, the Assessing Officer could not have come to the conclusion that the process loss was artificially inflated. - HC

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