Allowable expenditure - Withheld price / additional price paid ...
Court Challenges Tax Evasion Claims on Milk Payments; Equity and Trust Contributions May Be Legitimate Business Expenses.
November 25, 2017
Case Laws Income Tax AT
Allowable expenditure - Withheld price / additional price paid to the milk producers for procuring milk - AO is not correct in observing the same as tax evasion device in payment "withheld price" through equity allotment partly and through contribution to trust partly - AT
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