Addition u/s 37 and 40A - distribution of profit in the guise of ...

Case Laws Income Tax

March 6, 2019

Addition u/s 37 and 40A - distribution of profit in the guise of excessive price paid to the members against purchase of sugarcane - to the extent of the component of profit which will be a part of the final determination of SAP and/or the final price/additional purchase price fixed under Clause 5A would certainly be and/or said to be an appropriation of profit.

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Addition u/s 37 and 40A - distribution of profit in the guise of ...

Case Laws Income Tax

March 6, 2019

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