Skip to content
Menu
PAYROLL HRMS
About us
Our service offerings
Tax Controversy and Dispute Resolution
Tax
Financial Advisory Services
Audit Accounting and Risk Services
Why choose Tenet tax & legal
Contact us
E Commerce Consulting Services
Money retained by ONGC to ensure successful completion of contract to be taxed in year of actual receipt
Home
Corporate Tax
Money retained by ONGC to ensure successful completion of contract to be taxed in year of actual receipt
Posted on
on
August 13, 2018
Tenet Tax Daily August 10 2018
By
tenettax-team
Corporate Tax
Post navigation
Govt. grant received by a co. owned by the Govt. is capital receipt even if it is used for operational exp.
Unverified creditors shall not be deemed to exist; will be taxed under sec. 41(1): ITAT
