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Income Tax - Highlights / Catch Notes

Home Highlights June 2012 Year 2012 This

Whether Tribunal was right in holding that earlier year's bonus ...


High Court Rules Bonuses from Previous Years Cannot Be Deducted from Book Profits u/s 115J for Tax Purposes.

June 25, 2012

Case Laws     Income Tax     HC

Whether Tribunal was right in holding that earlier year's bonus is to be deducted from the book profit under section 115J - held no - HC

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