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Income Tax - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

Trading liability or capital liability - income u/s 2(24) read ...

Case Laws     Income Tax

July 19, 2012

Trading liability or capital liability - income u/s 2(24) read with section 41(1) - The write back under reference a receipt of capital nature. - however the cost of the relevant assets would be required to be recomputed - AT

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