Computation of profit earned by non-resident from Shipping ...

Service tax is included in profit computation for non-resident shipping businesses u/s 44B of the Income Tax Act.

March 2, 2016

Case Laws Income Tax AT

Computation of profit earned by non-resident from Shipping business u/s 44B - service tax collected by the assessee would form part and parcel of the aggregate amount as specified in Sub-section (2) of section 44B of the Act for the purpose of determining the profits and gains of the assessee’s business under this section - AT

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Computation of profit earned by non-resident from Shipping ...

Service tax is included in profit computation for non-resident shipping businesses u/s 44B of the Income Tax Act.

March 2, 2016

Case Laws Income Tax AT

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