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Income Tax - Highlights / Catch Notes

Home Highlights May 2018 Year 2018 This

Disallowance made u/s. 37(1) on account of penal excise duty ...

Case Laws     Income Tax

May 4, 2018

Disallowance made u/s. 37(1) on account of penal excise duty debited in P & L Account - when the amount is not penalty in nature, explanation of Section 37 will not come into play - HC

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