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No denial of exemption just because trust failed to specify purpose of accumulation of funds in Form 10
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Corporate Tax
No denial of exemption just because trust failed to specify purpose of accumulation of funds in Form 10
Posted on
on
March 11, 2019
Tenet Tax Daily March 09 2019
By
tenettax-team
Corporate Tax
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Earnest money forfeited by HSIDC on surrender of industrial plot allotment was capital loss not deductible
Issue of shares to director to comply with a covenant in loan agreement with bank couldn’t be taxed u/s 56(2)(vii)
