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Income Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Deduction towards license fee, external development charges and ...

Case Laws     Income Tax

February 11, 2017

Deduction towards license fee, external development charges and conversion charges - the appellant was under no obligation to make any payments to the original allottee - The payment is of its free volition and under no legal obligation under any of the documents relied upon by the appellant - deduction of exependiture not allowed - HC

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