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Last Updated : 2023-02-07 00:15:00
Linus Friday, 22 March 2013 11:52 AM
ESC is Incoem tax paid in advance. If CBSL is paying income tax on their profits, then there is no financial implications to the Govt by exempting CBSL from paying ESC. Govt will only have a time difference in getting cash. Trust my thinking is correct?
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