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Hospital isn’t an ‘Industrial Undertaking’ for purpose of carry forward of unabsorbed dep. in case of amalgamation
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Corporate Tax
Hospital isn’t an ‘Industrial Undertaking’ for purpose of carry forward of unabsorbed dep. in case of amalgamation
Posted on
on
February 7, 2018
Tenet Tax Daily February 07 2018
By
tenettax-team
Corporate Tax
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ITAT remanded matter as TPO adopted TNMM method without identifying relevant comparables
No disallowance if Co. had interest free funds for making interest free investments in its subsidiary co.