Premature sales tax payment - if the assessee get the benefit, ...

Premature sales tax payment is a capital receipt but not favorable for book profit u/s 115JB.

December 5, 2013

Case Laws Income Tax AT

Premature sales tax payment - if the assessee get the benefit, the said benefit is in the nature of the capital receipt - this issue in respect of the computation of the book profit u/s. 115JB of the Act has to be decided against the assessee - AT

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Premature sales tax payment - if the assessee get the benefit, ...

Premature sales tax payment is a capital receipt but not favorable for book profit u/s 115JB.

December 5, 2013

Case Laws Income Tax AT

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