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Income Tax - Highlights / Catch Notes

Home Highlights December 2013 Year 2013 This

Valuation - Deduction of self supervision charges - ...


High Court Upholds ITAT Decision Allowing 10% Deduction for Self-Supervision Charges in Construction Costs for Tax Purposes.

December 26, 2013

Case Laws     Income Tax     HC

Valuation - Deduction of self supervision charges - Determination of cost of construction as the supervision charges as against 10% claimed by the assessee by its Directors - order of ITAT in favor of assessee sustained - HC

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