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Income Tax - Highlights / Catch Notes

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Disallowance u/s 40A(3) - when the percentage of income is ...

Case Laws     Income Tax

May 2, 2023

Disallowance u/s 40A(3) - when the percentage of income is determined for the assessee while rejecting the books of accounts then that itself covers all other expenses disallowances and no further disallowance in such a case is called for u/s 40A(3) of the Act again separately - AT

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