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Question ID : 2095

FBT

A company has made a Deposit FD for payment of litigation expenses of FBT (like sales promotion)now what is journal entry at the end of 31.03.2006 conrg AS and IT ACT,whether we can book above expense or it is a contigent liability '

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Posted by SURENDRA on Mar 18, 2006
Filed Under DIRECT TAXES

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