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No disallowance if Co. had interest free funds for making interest free investments in its subsidiary co.
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Corporate Tax
No disallowance if Co. had interest free funds for making interest free investments in its subsidiary co.
Posted on
on
February 8, 2018
Tenet Tax Daily February 08 2018
By
tenettax-team
Corporate Tax
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Hospital isn’t an ‘Industrial Undertaking’ for purpose of carry forward of unabsorbed dep. in case of amalgamation
Sum paid to co. providing support services to assessee’s rail equipment manufacturing activity liable to TDS u/s 194J