Remission/cessation of sales tax liability u/s 41(1) - ...

Loan Amount vs. Liability: Differential Not Taxable u/s 41(1) for Sales Tax Remission or Cessation.

May 19, 2014

Case Laws Income Tax AT

Remission/cessation of sales tax liability u/s 41(1) - differential amount representing the actual loan amount and the present value of the future liability paid by the company is on capital account and not taxable - AT

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Remission/cessation of sales tax liability u/s 41(1) - ...

Loan Amount vs. Liability: Differential Not Taxable u/s 41(1) for Sales Tax Remission or Cessation.

May 19, 2014

Case Laws Income Tax AT

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