Addition u/s 41 - difference between the sales-tax loan amount ...

Section 41 Ruling: Sales-tax Loan vs. Net Present Value Payment Not Income Due to Unmet Requirements.

July 20, 2019

Case Laws Income Tax HC

Addition u/s 41 - difference between the sales-tax loan amount and the amount paid on Net present value basis under the sales-tax deferral scheme of Maharashtra Government - receipt is not income inasmuch as all the requirements of Section 41(1) could not be fulfilled

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Addition u/s 41 - difference between the sales-tax loan amount ...

Section 41 Ruling: Sales-tax Loan vs. Net Present Value Payment Not Income Due to Unmet Requirements.

July 20, 2019

Case Laws Income Tax HC

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