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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Disallowance of revenue expenses u/s 37(1) - relevant Assessment ...

Case Laws     Income Tax

December 29, 2018

Disallowance of revenue expenses u/s 37(1) - relevant Assessment Year - The actual acquisition of the land may be a first step in the commencement of the business but section 3 of the Act does not speak of commencement of the business, it speaks only of setting up of the business.

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