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Income Tax - Highlights / Catch Notes

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Disallowing compensation amount paid to the land owner - the ...


Compensation to Landowner Not Disallowed u/s 37(1) Despite Coverage u/s 35E of Income Tax Act.

September 14, 2017

Case Laws     Income Tax     AT

Disallowing compensation amount paid to the land owner - the applicability of provisions of section 37(1) cannot be excluded merely on account of the fact that the expenditure is covered u/s 35E of the Act.

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