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ANALYSIS OF Guidance note onAccounting for reAl estateTransacTionsObjectiveThe objective of this Guidance Note is to recommend the accounting treatment by enterprises dealingin 'Real Estate as sel
PROVISIONS RELATING TO DIRECT TAXES- 1. No Change in slab rates & Super Rich Tax postponed - There no change in slabs, but the Individual & HUF whose income is upto 5 Lacs get a Tax credit of Rs.2,000/-. Effectively slab is increased for t
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