Thursday, August 1, 2019

Provisions of sec. 43B not applicable on charges paid to Govt. for allotment of land for quarrying granite

INCOME TAX: Nomination charges paid by assessee, engaged in quarrying granite blocks from mines, to State Government for allotment of land for quarrying of granite, could not be equated with terms 'tax, duty cess or fees' under section 43B(a)

from www.taxmann.com Latest Case Laws https://ift.tt/2ytVjWY
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