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ITAT allows sec. 54 relief for two flats as their layout plan indicated that both were used as a single unit
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Corporate Tax
ITAT allows sec. 54 relief for two flats as their layout plan indicated that both were used as a single unit
Posted on
on
October 14, 2014
Tenet Tax Daily October 14 2014
By
tenettax-team
Corporate Tax
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Co. incurring abnormal losses due to winding-up of relation with key clients are excludible from comparable lists
Exp. on repair and renovation of rented premises used for the purpose of business is revenue in nature
