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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Nature of payment - Business expenditure or appropriation of ...

Case Laws     Income Tax

January 15, 2019

Nature of payment - Business expenditure or appropriation of funds - claim for deduction being the contribution to Co-operative Education Fund - National Co-operative Union of India - Payment made out of profit of earlier years - Not allowed as deduction u/s 37(1)

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