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Income Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Additions towards receipt of excise duty - non-crediting of ...

Case Laws     Income Tax

January 21, 2017

Additions towards receipt of excise duty - non-crediting of 'Excise Duty Receivable' to the P & L Account - avoiding the provisions of Section 43B - the excise duty, recovered by it, would not constitute any income to the assessee itself in order to invite the imposition of any tax - HC

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