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Income Tax - Highlights / Catch Notes

Home Highlights November 2016 Year 2016 This

Expenditure in the nature of penalty u/s 37(1) - The ...

Case Laws     Income Tax

November 29, 2016

Expenditure in the nature of penalty u/s 37(1) - The compensation was paid for delay in handing over of possession of the property, the liability to pay such compensation arose in the course of business of assessee - allowed - AT

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