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COMMISSIONER OF INCOME-TAX versus VENKATESWARA TRADERS


Increase In Income Income Earnings Income All deductions under section 29 are also taken into account, while approving the section under section 40, along with the corresponding books for revenue account approval and expenditure specific items. Can't trust Dismissal and Income Estimation Contracts are pre-assessed and calculated separately from the interest and compensation provided to partners not valid in the Indian Income Tax Act, 1961, sections 29, 40 (b) and 145

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