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Income Tax - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

Nature of expenditure - expenditure incurred in protecting the ...

Case Laws     Income Tax

September 9, 2017

Nature of expenditure - expenditure incurred in protecting the land from the acquisition - Land was held as stock-in-trade of the Assessee - the expenditure incurred by the Assessee on account of contribution to the Shelter Fund should be allowed as business expenditure - HC

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