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Earnest money forfeited by HSIDC on surrender of industrial plot allotment was capital loss not deductible
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Corporate Tax
Earnest money forfeited by HSIDC on surrender of industrial plot allotment was capital loss not deductible
Posted on
on
March 11, 2019
Tenet Tax Daily March 08 2019
By
tenettax-team
Corporate Tax
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Relief to persons suffering from HIV/AIDS falls into category of ‘medical relief’ u/s. 2(15)
No denial of exemption just because trust failed to specify purpose of accumulation of funds in Form 10