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Cash payments to agents to procure raw materials covered by Rule 6DD; no sec. 40A(3) disallowance
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Corporate Tax
Cash payments to agents to procure raw materials covered by Rule 6DD; no sec. 40A(3) disallowance
Posted on
on
October 19, 2013
Tenet Tax Daily October 19 2013
By
tenettax-team
Corporate Tax
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Any artwork with life span of less than 6 months couldn’t be deemed as capital expenditure
Reassessment sets-aside as revenue didn’t establish how project would be deemed as construction PE
