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Interest on IT refund is to be taxed by spreading it over the years to which it relates, rules HC
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Corporate Tax
Interest on IT refund is to be taxed by spreading it over the years to which it relates, rules HC
Posted on
on
April 5, 2014
Tenet Tax Daily April 02 2014
By
tenettax-team
Corporate Tax
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Cross-charge of salaries not involving any profit element is not income to the foreign company and assessee was not required to deduct TDS
Assessee needn’t be unemployed while going abroad for a job; only stay in India would determine residential status
