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Due to failure to substantiate monetary ability of brother to make substantial gift, sec. 68 additions upheld
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Corporate Tax
Due to failure to substantiate monetary ability of brother to make substantial gift, sec. 68 additions upheld
Posted on
on
April 24, 2017
Tenet Tax Daily April 21 2017
By
tenettax-team
Corporate Tax
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No Sec. 195 TDS on payment under Secondment when it was taxed in India as salary: ITAT
‘Jetty’ using conveyor belt to load iron core to vessels is temporary structure; entitled to 100% depreciation