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Income Tax - Highlights / Catch Notes

Home Highlights December 2010 Year 2010 This

From the facts, HC determined the method of accounting followed ...


High Court Rules Cash-Based Taxpayers Must Declare Enhanced Compensation as Income in Receipt Year.

December 3, 2010

Case Laws     Income Tax     HC

From the facts, HC determined the method of accounting followed by the assessee - Enhanced compensation is taxable in year of receipt as cash based accounting

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