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Income Tax - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Disallowance of ad-hoc basis for the expenses - There is no ...

Case Laws     Income Tax

November 17, 2018

Disallowance of ad-hoc basis for the expenses - There is no statutory provision prescribed under the Act to make the disallowance of the expenses at the same rate at which these were disallowed in the preceding assessment years on year to year basis.

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