Claim for deduction paid upon cancellation of Joint Venture ...

Deduction Allowed for Compensation on Joint Venture Cancellation: Payment Increased Stock Value, Boosting Commercial Activity.

January 1, 2017

Case Laws Income Tax AT

Claim for deduction paid upon cancellation of Joint Venture Agreement - the compensation was paid by the assessee in the course of carrying on his commercial activities and the same would go to increase the value of stock in trade, being the property here - claim allowed - AT

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Claim for deduction paid upon cancellation of Joint Venture ...

Deduction Allowed for Compensation on Joint Venture Cancellation: Payment Increased Stock Value, Boosting Commercial Activity.

January 1, 2017

Case Laws Income Tax AT

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