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Income Tax - Highlights / Catch Notes

Home Highlights February 2018 Year 2018 This

Business expenditure - the service tax paid by the assessee is ...

Case Laws     Income Tax

February 9, 2018

Business expenditure - the service tax paid by the assessee is otherwise eligible for deduction. Hence the input tax credit relatable to exempted services is also eligible for deduction, since it cannot be availed as credit by the assessee. - AT

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