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Mere supervision of agricultural land without carrying out cultivation won’t give rise to agricultural income
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Corporate Tax
Mere supervision of agricultural land without carrying out cultivation won’t give rise to agricultural income
Posted on
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September 10, 2018
Tenet Tax Daily September 10 2018
By
tenettax-team
Corporate Tax
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Cash payments exceeding Rs. 20,000 by agents to farmers for purchase of food-grain couldn’t be disallowed
Liaison Office couldn’t be treated as PE of foreign Co. if it didn’t finalize & transact a business deal on its own
