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Brokerage exp. to identify a tenant for under construction building couldn’t be allowed under sec. 37(1)
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Corporate Tax
Brokerage exp. to identify a tenant for under construction building couldn’t be allowed under sec. 37(1)
Posted on
on
July 1, 2014
July 1, 2014
Tenet Tax Daily June 30 2014
By
tenettax-team
Corporate Tax
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Surplus arising to distributor of books from dealing in shares was capital gain if shares were held as investments
Slight delay in service of demand notice and copy of assessment order would not invalidate assessment