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For computing general reserve for Balance of P&L A/c couldn’t be included
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Corporate Tax
For computing general reserve for Balance of P&L A/c couldn’t be included
Posted on
on
December 18, 2019
Tenet Tax Daily December 18 2019
By
tenettax-team
Corporate Tax
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Where AO received directions from CIT u/s. 144A to make appropriate order, the same can be made after Assessee’s objection are disposed off
In case there are many transactions of share sale and purchase, the Profits can be held as business income and not Capital gains
