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Section 40a(2)(b) and section 92e of income tax act

 


Querist : Anonymous (Querist) 18 November 2013

Dear Expert,

I want to know the applicability of Section 40A(2)(b) vis a vis Section 92E on high sea purchases/sales between related parties covered under Section 40A(2)(b)of the Income Tax Act, 1961.




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