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Penalty levied for excess claim of unabsorbed depreciation u/s 115JB; ITAT denies theory of carry backward of losses
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Corporate Tax
Penalty levied for excess claim of unabsorbed depreciation u/s 115JB; ITAT denies theory of carry backward of losses
Posted on
on
November 4, 2016
tenet-tax-daily-august-18-2016
By
tenettax-team
Corporate Tax
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No sec. 80-IB relief on income from DEPB
No denial of Sec. 54F relief if taxpayer is unable to get possession of flat due to builder’s fault
