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Case remanded to AO for deciding fate of sec. 11 relief after considering nature of receipts and objects of trust
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Corporate Tax
Case remanded to AO for deciding fate of sec. 11 relief after considering nature of receipts and objects of trust
Posted on
on
May 10, 2014
Tenet Tax Daily May 10 2014
By
tenettax-team
Corporate Tax
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ITAT remanded case to examine allowability of development exp. to real estate developer in view of AS-7 and IT Act
Assessee can’t either seek withdrawal of appeal or file revision petition when appeal was pending before CIT(A)
