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Income Tax - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

Charging section for discrepancy between book value and physical ...

Case Laws     Income Tax

August 22, 2018

Charging section for discrepancy between book value and physical value of capital work in progress- ITAT observed that the same cannot be taxed u/s 69C of the Income Tax Act, but it can be taxed u/s 69 to 69B only - the same has to be added to the income only under Section 69A

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