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No disallowance on cash purchase of ‘GUR’ from farmers as they didn’t have bank a/c: ITAT
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Corporate Tax
No disallowance on cash purchase of ‘GUR’ from farmers as they didn’t have bank a/c: ITAT
Posted on
on
February 18, 2019
Tenet Tax Daily February 12 2019
By
tenettax-team
Corporate Tax
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Claim of LTCG exemption was genuine as even SEBI didn’t find any manipulation in scrip price: ITAT
ITAT justified reassessment as Foreign Co. had failed to disclose revenue earned from its PE in India