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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Addition income from sale of scarp on ship breaking - 0.81 % of ...


Court Confirms 0.81% of Ship Breaking Recovery from Non-Ferrous Scrap Sales as Additional Income for Respondent Assessee.

September 4, 2012

Case Laws     Income Tax     HC

Addition income from sale of scarp on ship breaking - 0.81 % of the total recovery being attributed to non ferrous scrap generated during the course of ship breaking by the respondent assessee was correct - HC

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