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Sec. 40(ba) couldn’t be invoked if payment made by AOP to its members was mere reimbursement of exp.
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Corporate Tax
Sec. 40(ba) couldn’t be invoked if payment made by AOP to its members was mere reimbursement of exp.
Posted on
on
October 12, 2018
Tenet Tax Daily September 28 2018
By
tenettax-team
Corporate Tax
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Trademark eligible for dep. if it was used for sales & marketing of product: HC
No TCS was required on amount collected by Zila Panchayat for issue of licence to collect ‘Tahbazari’