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Income Tax - Highlights / Catch Notes

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Sales Tax (VAT) Exemption Benefit - Nature of receipt - Sales ...


Sales Tax and Excise Incentives Excluded from Book Profit Calculation u/s 115JB of Income Tax Act.

June 8, 2018

Case Laws     Income Tax     AT

Sales Tax (VAT) Exemption Benefit - Nature of receipt - Sales tax incentive and excise incentive are capital receipts and hence, they are not liable for inclusion under the computation of book profit u/s.115JB - AT

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