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HC justified 50% disallowance as assessee failed to prove that promotion exp. was incurred for business purpose
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Corporate Tax
HC justified 50% disallowance as assessee failed to prove that promotion exp. was incurred for business purpose
Posted on
on
February 18, 2019
Tenet Tax Daily January 25 2019
By
tenettax-team
Corporate Tax
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Sec. 234B interest leviable if advance tax liability arose due to additions made towards explained investment
Penalty for late filing of ITR couldn’t be deleted just because ITR of previous year was filed belatedly
