Addition of amount transferred from deferred income [reserves] ...

Deferred Income Reserves Transfer Notional; Section 28(iv) Income Tax Act Provisions Inapplicable.

July 27, 2017

Case Laws Income Tax AT

Addition of amount transferred from deferred income [reserves] to profit and loss account - it is a notional entry in its books of account and not effecting the real profit and loss account of the assessee and the provisions of sec.28(iv) have no application

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Addition of amount transferred from deferred income [reserves] ...

Deferred Income Reserves Transfer Notional; Section 28(iv) Income Tax Act Provisions Inapplicable.

July 27, 2017

Case Laws Income Tax AT

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