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Income Tax - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

Provision for sick leave liability - based on the basis of ...


Sick leave liabilities based on notional figures not deductible under income tax; Section 43B(f) inapplicable.

September 18, 2017

Case Laws     Income Tax     AT

Provision for sick leave liability - based on the basis of notional figures - such notional liability cannot be allowed as deduction - section 43B(f) is not applicable.

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