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Income Tax - Highlights / Catch Notes

Home Highlights October 2017 Year 2017 This

Any device adopted to reduce or inflate the profits of eligible ...

Case Laws     Income Tax

October 10, 2017

Any device adopted to reduce or inflate the profits of eligible business has to be rejected. The assessees/appellants want 100% deduction, without taking into consideration depreciation which they want to utilise in the subsequent years - Not permitted - SC

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