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Income Tax - Highlights / Catch Notes

Home Highlights March 2013 Year 2013 This

Disallowance of bad debts - AO wrongly placed reliance on ...


Assessing Officer Misapplies Section 72A, Incorrectly Disallows Bad Debts in Company Amalgamation Case.

March 23, 2013

Case Laws     Income Tax     HC

Disallowance of bad debts - AO wrongly placed reliance on Section 72A which pertains to carry forward and set off of the accumulated loss and unabsorbed depreciation allowance in case of amalgamation of company - HC

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