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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Combined reading of section 10(10CC) & 17(2iv) shows that Taxes ...


Taxes Paid by Employer for Employee Are Employer's Obligation, Exempt Under Income Tax Act Sec 10(10CC.

September 10, 2012

Case Laws     Income Tax     AT

Combined reading of section 10(10CC) & 17(2iv) shows that Taxes borne by the employer were obligation, otherwise such payments would have been payable by the assessee. - exempt under the provisions of section 10(10CC) & non-monetary consideration - AT

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