AO was in error in disallowing the trade discount u/s 40A(2)(a) ...

AO Wrongly Disallowed Trade Discount u/s 40A(2)(a); Should Not Be Treated as Assessee's Expenditure.

May 3, 2016

Case Laws Income Tax AT

AO was in error in disallowing the trade discount u/s 40A(2)(a) since trade discount allowed to sister concerns cannot be considered as an item of expenditure incurred by the assessee - AT

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AO was in error in disallowing the trade discount u/s 40A(2)(a) ...

AO Wrongly Disallowed Trade Discount u/s 40A(2)(a); Should Not Be Treated as Assessee's Expenditure.

May 3, 2016

Case Laws Income Tax AT

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