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Conversion of ‘Gram Dal’ into ‘Besan’ amounts to manufacture for sec. 80-IB relief
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Corporate Tax
Conversion of ‘Gram Dal’ into ‘Besan’ amounts to manufacture for sec. 80-IB relief
Posted on
on
August 7, 2015
Tenet Tax Daily August 07 2015
By
tenettax-team
Corporate Tax
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Cap gain of inherited asset is to be computed by taking CII of the year in which asset is acquired by previous owner
Assessee couldn’t escape penalty by stating that he was unaware of provision requiring filing of TDS return
