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HC allowed provision made for interest on overdue deposits as liabilities crystallized in current yr
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Corporate Tax
HC allowed provision made for interest on overdue deposits as liabilities crystallized in current yr
Posted on
on
March 23, 2018
Tenet Tax Daily March 20 2018
By
tenettax-team
Corporate Tax
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Provisions of Sec. 194C couldn’t be triggered in absence of any contract to get work done
Yearly commission paid by Co. to its agents not doubted by revenue was to be allowed as deduction: Delhi HC
