Disallowance of deduction of compensation paid to the tenant ...

Deduction for Compensation Paid to Tenant Denied u/s 48; Payment Deemed Not Genuine Due to Common Director.

September 23, 2015

Case Laws Income Tax AT

Disallowance of deduction of compensation paid to the tenant against capital gain within the ambit of section 48 - the main Director of both the companies is common. - failed to prove that the payment is genuine - no deduction - AT

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Disallowance of deduction of compensation paid to the tenant ...

Deduction for Compensation Paid to Tenant Denied u/s 48; Payment Deemed Not Genuine Due to Common Director.

September 23, 2015

Case Laws Income Tax AT

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