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Income Tax - Highlights / Catch Notes

Home Highlights July 2020 Year 2020 This

Deduction u/s 35(1)(ii) - Provisions of the Act are very clear ...

Case Laws     Income Tax

July 11, 2020

Deduction u/s 35(1)(ii) - Provisions of the Act are very clear that the payer (the assessee herein) would not get affected if the recognition granted to the payee had been withdrawn subsequent to the date of contribution by the assessee. Hence no disallowance u/s 35(1)(ii)

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