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Income Tax - Case Law - Commissioner of Income-tax, Central Circle Versus Raman Boards Ltd. 2013 (7) TMI 739 - KARNATAKA HIGH COURT

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Disallowance u/s 40A(2) - Addition made on 50 amount - Tribunal deleted addition - Held that - any expenditure laid out or expended wholly and exclusively for the purposes of the business or profession shall be allowed i.......... Income Tax - Case Law

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