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Income Tax - Highlights / Catch Notes

Home Highlights February 2018 Year 2018 This

Additions for Advance against depreciation (AAD) - there is a ...

Case Laws     Income Tax

February 21, 2018

Additions for Advance against depreciation (AAD) - there is a timing difference and that it represents the adjustment in future and that it is therefore not even carried through the profit and loss account - not taxable - no addition can be made - HC

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