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No penalty u/s 158BFA if income disclosed during search by assessee doesn’t exceed the income determined by AO
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Corporate Tax
No penalty u/s 158BFA if income disclosed during search by assessee doesn’t exceed the income determined by AO
Posted on
on
May 6, 2019
Tenet Tax Daily April 29 2019
By
tenettax-team
Corporate Tax
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Subsidy received from foreign joint venture partner to contribute in joint venture co. was a capital receipt
Amendment to sec. 115BBE denying set off of losses from deemed income is prospective in nature