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Exp. incurred by cable operator in laying cables for providing cable connections to viewers was revenue in nature
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Corporate Tax
Exp. incurred by cable operator in laying cables for providing cable connections to viewers was revenue in nature
Posted on
on
November 6, 2014
Tenet Tax Daily November 06 2014
By
tenettax-team
Corporate Tax
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ITAT allows benefit of second proviso to sec. 40(a)(ia) in case of payment to NR; Non-discrimination clause invoked
Provisions of section 115A(1)(b)(AA) do not debar assessee to entre into new agreement after change of situation resulting in reduced rate of royalty
