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Income Tax - Highlights / Catch Notes

Home Highlights January 2013 Year 2013 This

Computation of undisclosed income under section 158BB(1) - the ...


Section 158BB(1) mandates considering Chapter VI-A deductions when computing undisclosed income for accurate total income or loss.

January 8, 2013

Case Laws     Income Tax     HC

Computation of undisclosed income under section 158BB(1) - the deduction under Chapter VI-A has to be given while computing total income or loss. - HC

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