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Income Tax - Highlights / Catch Notes

Home Highlights July 2018 Year 2018 This

Addition as Excise duty refund (Self Cenvat Credit) - it is ...

Case Laws     Income Tax

July 31, 2018

Addition as Excise duty refund (Self Cenvat Credit) - it is capital receipt - the entire receipt itself cannot be treated as part of taxable receipt and the entire question of allowing and disallowing the deduction u/s.80IB becomes purely academic.

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