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Deductions u/s. 80IB - allocation of Managerial Commission and ...


Managerial Commission and Wages Allocation for Section 80IB Deductions Incorrect Due to Lack of Direct Nexus by Authorities.

January 25, 2017

Case Laws     Income Tax     AT

Deductions u/s. 80IB - allocation of Managerial Commission and salary and wages in the ratio of turnover - In the absence of any direct nexus brought on record by the revenue authorities for the impugned allocation of expenses is not correct - AT

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