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Income Tax - Highlights / Catch Notes

Home Highlights February 2021 Year 2021 This

Addition u/s 43B - Bonus - Disallowance of provision for ...

Case Laws     Income Tax

February 5, 2021

Addition u/s 43B - Bonus - Disallowance of provision for management incentive performance reward - the payment under the good work reward does not constitute bonus within the meaning of section 36(1)(ii) of the Act and it is allowable as normal business expenditure u/s. 37 - AT

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