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Income Tax - Highlights / Catch Notes

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Diversion of Revenue at Source - Reducing the business income ...


Understanding Revenue Diversion: Calculating vs. Apportioning AOP Member Profit in Tax Assessments.

November 26, 2016

Case Laws     Income Tax     AT

Diversion of Revenue at Source - Reducing the business income being the share of profit of one of the members of AOP of the assessee - the computation of profit and determination of taxable income is one aspect which is different from apportionment of profit / income between the AOP members - AT

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