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Income Tax - Highlights / Catch Notes

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Personal expenses - whether can be taxed in the hands of ...


Court Rules HUF Personal Expenses Not Taxable to Assessee u/s 2(24)(iv) of Income Tax Act.

April 26, 2018

Case Laws     Income Tax     HC

Personal expenses - whether can be taxed in the hands of assessee u/s 2(24)(iv) as the amount was routed through the franchisee, which was the HUF of the assessee? - Held No - HC

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