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ITAT confirmed reassessment as assessee didn’t object to jurisdiction of JCIT issuing notice within limitation period
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Corporate Tax
ITAT confirmed reassessment as assessee didn’t object to jurisdiction of JCIT issuing notice within limitation period
Posted on
on
October 12, 2018
Tenet Tax Daily October 01 2018
By
tenettax-team
Corporate Tax
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No TCS was required on amount collected by Zila Panchayat for issue of licence to collect ‘Tahbazari’
Receipts from allotment of shares in settlement of pre-existing liability couldn’t be treated as unexplained credit