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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Disallowance of Service Charges paid - where professional ...


Court Allows Expenditure Claim After AO Fails to Prove Service Charges to 'Nova' Were Unjustified or Returned.

May 24, 2016

Case Laws     Income Tax     AT

Disallowance of Service Charges paid - where professional services were not rendered by ‘Nova’ or whetger any money in respect of the payments to ‘Nova’ had flown back to the assessee - AO filed to prove its case - claim of expenditure allowed - AT

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