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Income Tax - Highlights / Catch Notes

Home Highlights February 2015 Year 2015 This

Compensation to the customers, who have booked their flats ...


Real Estate Firm Allowed Deduction for Rs. 65,68,500 Compensation as Buy-Back Expenses in Business Costs.

February 4, 2015

Case Laws     Income Tax     AT

Compensation to the customers, who have booked their flats claimed as buy-back expenses aggregating to ₹ 65,68,500/- which has been claimed as deduction - expenses allowed as in the course of regular business - AT

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