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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Revision u/s 263 - allowing the claim of the assessee without ...


Tax Authority Challenges Order on Non-Resident Agent Commissions u/ss 263 and 40(a)(i) of Income Tax Act.

August 31, 2015

Case Laws     Income Tax     AT

Revision u/s 263 - allowing the claim of the assessee without examining the payments made to non-resident agents towards sales commission and applicability of provisions of section 40(a)(i) read with section 9(1)(vii) of the Act is certainly an order passed erroneously and prejudicial to the interests of the Revenue - AT

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