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Case Law Details

Case Name : ITO Vs Creation Publicity Limited (ITAT Mumbai)
Appeal Number : I.T.A. No.5302, 5303 & 5304/Mum/2019
Date of Judgement/Order : 31/10/2022
Related Assessment Year : 2010-11
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ITO Vs Creation Publicity Limited (ITAT Mumbai)

ITAT Mumbai held that a Keyman Insurance Policy provides for an insurance policy taken by a business organisation on the life of an employee and hence allowable as business expenditure.

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