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Exp. on maintenance of I-T system during restructuring of Co. was an allowable revenue exp.
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Corporate Tax
Exp. on maintenance of I-T system during restructuring of Co. was an allowable revenue exp.
Posted on
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March 18, 2015
Tenet Tax Daily March 18 2015
By
tenettax-team
Corporate Tax
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Director, being in charge of Co., was liable for offence committed by Co. even if he didn’t receive separate notice
Losses under the head capital gains won’t be set-off and carry forward in case of amalgamation and demerger
