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Income Tax - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Addition on account of credit card payment - Since the assessee ...

Case Laws     Income Tax

November 26, 2019

Addition on account of credit card payment - Since the assessee has himself capitalized these amounts by transferring the same to his capital account without crediting the same in the profit and loss account, additions were rightly made.

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