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Pgbp

Direct Taxation

Can u please explain the explanations in simple wrds

Shruthi V

CA Inter

★ 0

01-Oct-20 15:21

312

Answers (3)

Exp - 1 : If interest paid as well as received - net amount is considered 2. If a member is in representative capacity- say representing a company then transactions in non-representative capacity are not considered 3. If member in individual capacity, then representative not considered.