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Exemption on sale of agricultural land rightly denied as sale deed suggested that it was residential land: ITAT
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Corporate Tax
Exemption on sale of agricultural land rightly denied as sale deed suggested that it was residential land: ITAT
Posted on
on
June 7, 2018
Tenet Tax Daily June 05 2018
By
tenettax-team
Corporate Tax
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Exp. incurred on acquiring licenses to use software which didn’t confer any enduring right was allowable exp.
No denial of set-off of losses if holding co. transferred its shareholding of assessee-co. to another subsidiary co.
