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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

The interpretation of Section 40A(9) clearly brings out a ...


ITAT to Decide if Section 40A(9) Deduction Applies to Payments to Assessee's School or Other Institutions.

September 27, 2012

Case Laws     Income Tax     SC

The interpretation of Section 40A(9) clearly brings out a dichotomy between 'contribution' and 'reimbursement' - ITAT to find whether the claim for deduction is being made for payments to the school promoted by the assessee or to some other educational institutions/schools - SC

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