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Income Tax - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

Application of section 10B(7) r.w. section 80IA(10) - AO ...


Assessing Officer's Claim of Inflated Profits Using Sister Concern's Employees Overturned u/ss 10B(7) and 80IA(10.

July 21, 2014

Case Laws     Income Tax     AT

Application of section 10B(7) r.w. section 80IA(10) - AO concluded that by taking the services of employees of the sister concern, the assessee had shown more than ordinary profits - observations of AO are not correct - AT

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