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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Arrears of wages - the liabilities arising out of the Monesana ...


Monesana Wage Board liabilities for wage arrears are deductible expenses, not restricted by Section 43-B.

September 20, 2012

Case Laws     Income Tax     HC

Arrears of wages - the liabilities arising out of the Monesana Wage Board award were justifiably deductible as expenditure, and not covered by Section 43-B - HC

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