Desire paid as profits-tax can not be established off versus interest receivable/acquired via the assessee below Segment 244A on the Act. Curiosity paid isn't an allowable deduction less than Part 37, and unless There's a provision by which cash flow can be topic into a deduction, no deduction is permissible from these types of money.

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This can be the twentieth Recreation seven of an NBA Finals in league heritage, and only four road teams have ever won. Indiana is attempting to join these teams among the visitors that have pulled it off:

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Delhi HC slams Govt apathy more than lawful researchers’ pay hike: ‘They stay late, do the job weekends, and therefore are integral to the performing of this establishment’

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Followers show up for your Thunder in unheard of approaches — all through late evenings in the airport, Certainly, but will also on the ballot box, in which a 2023 measure to employ public money to help fund a whole new Thunder arena scheduled to open in 2028 handed with seventy one% of your vote.

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‘On the Preliminary phase of any proceedings under the Act any refund will depend on no matter whether any tax has become paid by an assessee in excessive of tax in fact payable to(sic: by) him and it truly is Because of this that Section 237 of your Act is phrased when it comes to tax paid out in excess of quantities properly chargeable.

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It hangs towards the still left with the desk exactly where, this week, Holt signed an click site settlement that may hold the team in Oklahoma City by means of 2053 and could increase up to 15 additional yrs.

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