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Income Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Disallowance of Payment of on-money for purchase of land - It is ...


Company Shareholders Must Not Bear On-Money Land Purchase Costs; Misconceived Tax Treatment Highlighted.

February 9, 2017

Case Laws     Income Tax     AT

Disallowance of Payment of on-money for purchase of land - It is misconceived idea to charge payment of ‘on money’ to the shareholders of the company, in which company entered in the transaction - AT

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