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Income Tax - Highlights / Catch Notes

Home Highlights June 2017 Year 2017 This

The same income cannot be charged to tax twice. Once the revenue ...

Case Laws     Income Tax

June 6, 2017

The same income cannot be charged to tax twice. Once the revenue accept the income offered by another assessee as income under the head ‘income from capital gains’, the same has to be allowed as deduction in the hands of assessee. - AT

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