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Income Tax - Highlights / Catch Notes

Home Highlights December 2017 Year 2017 This

Nature of receipt from TIL - payment of reimbursements - ...

Case Laws     Income Tax

December 6, 2017

Nature of receipt from TIL - payment of reimbursements - Assessee was not the ultimate beneficiary of the sum in question nor did it render any service to TIL. There is no basis on which the AO came to the conclusion that the sum in question was FTS in the hands of the Assessee. - AT

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