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Income Tax - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

Diversion of income at source - Joint venture agreement - 97% of ...


High Court Rules 97% Income Diverted to TRG Industries Not Taxable for Assessee Due to Overriding Title.

September 22, 2017

Case Laws     Income Tax     HC

Diversion of income at source - Joint venture agreement - 97% of the receipt transfer to M/s TRG Industries (P) Ltd. - scope of the agreement - it is diversion by overriding title - not taxable in the hands of assessee - HC

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