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Income Tax - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

Rejection of application for approval u/s 10(15A) - the ...


Approval Denied u/s 10(15A) Due to Non-Existent Aircrafts in Lease Agreements.

July 21, 2012

Case Laws     Income Tax     HC

Rejection of application for approval u/s 10(15A) - the aircrafts for which lease Agreements were signed were not existing on the date of the agreement - If the two conditions are not satisfied, benefit under the said Section cannot be granted. - HC

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