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Interconnect usage charges paid by ‘BSNL’ to foreign telecom operators were neither FTS nor Royalty
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Corporate Tax
Interconnect usage charges paid by ‘BSNL’ to foreign telecom operators were neither FTS nor Royalty
Posted on
on
December 7, 2017
Tenet Tax Daily December 05 2017
By
tenettax-team
Corporate Tax
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ITAT allowed additional dep. on “visicooler” installed by cold drink manufacturer at distributor’s place
Sec. 36(1)(iii) disallowance was valid if Co. didn’t have sufficient funds to give advances to its sister concern
