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Commerce · Q393

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 393

Q393

In case total income is enhanced by the Assessing officer by virtue of application of transfer pricing provisions:

A.
deduction under Chapter VI A shall not be admissible from entire income
B.
deduction under Chapter VI A shall not be admissible from enhanced income
Answer
C.
deduction under Chapter VI A shall be admissible from entire income
D.
deduction under Chapter VI A shall be admissible from enhanced income

Answer: Option B

Solution

Answer: Option B
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