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Sum paid on encroachment of extra space on leased land couldn’t be said to be an offence; allowable as business exp.
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Corporate Tax
Sum paid on encroachment of extra space on leased land couldn’t be said to be an offence; allowable as business exp.
Posted on
on
March 26, 2016
Tenet Tax Daily March 26 2016
By
tenettax-team
Corporate Tax
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A Co. mainly outsourcing its work couldn’t be compared to a Co. rendering IT enabled services
Disclosure of income in notes to accounts instead of P&L A/C won’t be deemed as furnishing of inaccurate particulars
