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Sum received by astrologer for predicting win of ‘Jayalalithaa’ was taxable as business receipts
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Corporate Tax
Sum received by astrologer for predicting win of ‘Jayalalithaa’ was taxable as business receipts
Posted on
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March 22, 2014
Tenet Tax Daily March 15 2014
By
tenettax-team
Corporate Tax
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Sum paid in cash of smaller denomination in lieu of currency of higher denomination is out of ambit of sec. 40A(3)
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