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Exp. incurred by assessee engaged in business of setting-up of new hotel was allowable u/s 37(1): ITAT
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Corporate Tax
Exp. incurred by assessee engaged in business of setting-up of new hotel was allowable u/s 37(1): ITAT
Posted on
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September 14, 2017
Tenet Tax Daily September 14 2017
By
tenettax-team
Corporate Tax
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Order couldn’t be said to be prejudicial if AO had taken one of two possible views, HC quashed sec. 263 revision
Sum paid to retain shareholding in a co. was an investment eligible for deduction under sec. 57
