Thursday, July 11, 2019

Method of accounting provided for valuation of inventory u/s 145A doesn't determine allowability of exp.: HC

INCOME TAX : Proviso to section 36(1)(iii) override provision of section 145A

from www.taxmann.com Latest Case Laws https://ift.tt/2XFhDvJ
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...