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Income Tax - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

Scope of Section 44BB - Reference to full bench - amount ...

Case Laws     Income Tax

April 20, 2019

Scope of Section 44BB - Reference to full bench - amount reimbursed to the assessee (service provider) by the ONGC (service recipient), representing the service tax paid earlier by the assessee to the Government of India, would not form part of the aggregate amount referred to in clauses (a) and (b) of sub-section(2) of Section 44BB for computing tax liability

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