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Sec. 44BBA can’t be applied to tax presumptive income of foreign Airlines if it has produced books revealing losses
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Corporate Tax
Sec. 44BBA can’t be applied to tax presumptive income of foreign Airlines if it has produced books revealing losses
Posted on
on
January 12, 2016
Tenet Tax Daily December 26 2015
By
tenettax-team
Corporate Tax
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No TDS liability on reimbursement of exp. incurred by C&F agent if separate bill was raised by him
Period of 30 days to be considered and not British Calendar month to calculate interest for delayed TDS payment
