Home Case Index All Cases Income Tax Income Tax + SCH Income Tax - 2018 (8) TMI SCH This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (8) TMI 928 - SCH - Income TaxCommencement of business - whether in case of an assessee, whose main object is to construct dam, canal, etc., the business commences only when the entire project for construction of dam, canal, etc. is complete, and not when the first brick was put up at the construction site? - Allowability of interest expenditure u/s.57 against the interest income. Held that - SLP dismissed on the ground of low tax effect.
The Supreme Court of India dismissed the Special Leave Petition due to low tax effect. Delay was condoned, and any pending applications were disposed of accordingly.
|