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₹3.50 Crore Corporate Guarantee Liability Deductible on Crystallization: Gujarat HC

20 Aug 2026 · 20 Aug 2026By CA Sandeep Kanoi

Gujarat HC held the Rs.3.50 crore guarantee liability crystallized in FY 1997-98 and was deductible for AY 1998-99 despite later payment. The post ₹3.50 Crore Corporate Guarantee Liability Deductible on Crystallization: Gujarat HC appeared first on TaxGuru .

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