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Income Tax - Highlights / Catch Notes

Home Highlights November 2010 Year 2010 This

Amount received for voting in favor of resolution is a casual ...


High Court Declares Voting Incentives as Non-Taxable Windfall Receipts, Exempt from Taxation Due to Their Casual Nature.

November 8, 2010

News     Income Tax

Amount received for voting in favor of resolution is a casual receipt in the nature of windfall arising not taxable - HC

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