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Income Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Addition u/s 41 - amount shown as 'advance against export' ...

Case Laws     Income Tax

February 13, 2017

Addition u/s 41 - amount shown as 'advance against export' outstanding since 1997 - Liability for a period of more than 10 years - Section 41(1) cannot be applied so long as the liability is acknowledged - HC

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