Tuesday, April 28, 2020

Gain to Co. arising from sale of agricultural land not taxable under MAT provisions: ITAT

INCOME TAX : Gain arising to a company from sale of agricultural land could not be taxed under section 115JB

from www.taxmann.com Latest Case Laws https://ift.tt/3cXSNdx

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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...