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Income Tax - Highlights / Catch Notes

Home Highlights August 2017 Year 2017 This

Stamp duty paid on demerger - Though section 35DD is applicable, ...

Case Laws     Income Tax

August 29, 2017

Stamp duty paid on demerger - Though section 35DD is applicable, the provisions of section 43B has an overriding effect on all other provisions of the Act, any expenditure referred to in that section shall be allowed only on payment basis - 100% expenditure allowed.

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