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Agricultural land whether held as capital asset or stock-in-trade is covered under ambit of sec. 56(2)(vii)(b)
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Corporate Tax
Agricultural land whether held as capital asset or stock-in-trade is covered under ambit of sec. 56(2)(vii)(b)
Posted on
on
March 11, 2019
Tenet Tax Daily March 02 2019
By
tenettax-team
Corporate Tax
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Share valuation report to be rejected if no scientific base was provided for Co’s projection report
Remuneration to partners allowable if deed provides for remuneration computation in accordance with sec. 40(b)(v)