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Income Tax - Highlights / Catch Notes

Home Highlights March 2013 Year 2013 This

Tonnage Tax Reserve Account - Sec. 115VT - donation and prior ...


Donations and prior period items excluded from book profit calculation for Tonnage Tax Reserve Account u/s 115VT.

March 25, 2013

Case Laws     Income Tax     AT

Tonnage Tax Reserve Account - Sec. 115VT - donation and prior period items cannot be added to the book profit for the purpose of determining the transfer of profit to TTRA - AT

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