Disallowance of retention money retained from sub-brokerage - ...

Tax Authorities' Decision on Retention Money Challenged; Liability for Retained Amount as Contingency Fund Upheld.

June 29, 2015

Case Laws Income Tax AT

Disallowance of retention money retained from sub-brokerage - Accrual of expenditure - tax authorities are not justified in holding that the liability to the extent of amount retained as contingency fund did not accrue at all. - AT

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Disallowance of retention money retained from sub-brokerage - ...

Tax Authorities' Decision on Retention Money Challenged; Liability for Retained Amount as Contingency Fund Upheld.

June 29, 2015

Case Laws Income Tax AT

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