Tuesday, June 23, 2020

Amendment to Sec. 40(a)(ia) restricting disallowance to 30% of expenditure has retro-effect: Delhi ITAT

INCOME TAX : Amendment made by Finance Act (No. 2) to section 40(a)(ia) with effect from 01-04-2015, is curative in nature and thus said provision has to be applied retrospectively

from www.taxmann.com Latest Case Laws https://ift.tt/3hT7ty3
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