ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Calcutta Diary

By allowing the payment on account of the profession tax as a deductible item for calculating income tax liability, the centre has again rendered wide open the pernicious double taxation issue. The states must therefore demand of the union government that no deduction be granted to an income tax paying individual for what he or she pays on account of the profession tax.

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