This Blog is created on 2010 with a view to give updates to the members on various topics related to Taxation i.e. Direct Tax, Indirect Tax and International Taxation.
Also will share the view on controversial topics among the Tax Managers , CA's and CA students.
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Tuesday, June 21, 2011
Remission of Liability u/s 41
Non-encashment of cheques within validity period would not mean that debt had been extinguished and section 41 would apply. (KOL)
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