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Income Tax - Highlights / Catch Notes

Home Highlights June 2019 Year 2019 This

Rectification u/s 154 - treating certain non–operating expenses ...

Case Laws     Income Tax

June 12, 2019

Rectification u/s 154 - treating certain non–operating expenses as operating in nature - difference in the rate of depreciation between itself and the comparables - the issue relating to the incorrect computation of margin of the comparables constitutes a mistake apparent on the face of record - directed the TPO to dispose of the application u/s 154 on merits

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