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Income Tax - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

Addition as Professional fee - accrual of benefit / perquisites ...


Assessing Officer Fails to Prove Benefit or Perquisite u/s 2(24)(iv), No Addition as Professional Fee Applied.

March 22, 2017

Case Laws     Income Tax     AT

Addition as Professional fee - accrual of benefit / perquisites - AO has not been able to establish as to what benefit has been obtained by assessee within the meaning of Sec. 2(24)(iv) of the Act in the instant year as nothing is shown to have been received by the assessee - AT

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