Rectification u/s 154 – FBT - as the taxability or otherwise of ...

Rectification u/s 154 is unsuitable for resolving complex issues like FBT and ESOP taxability u/s 115WB(1)(a).

September 4, 2012

Case Laws Income Tax AT

Rectification u/s 154 – FBT - as the taxability or otherwise of an ESOP expenditure u/s 115WB(1)(a) is highly debatable issue and such issue cannot be adjudicated in the proceedings u/s 154 - AT

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Rectification u/s 154 – FBT - as the taxability or otherwise of ...

Rectification u/s 154 is unsuitable for resolving complex issues like FBT and ESOP taxability u/s 115WB(1)(a).

September 4, 2012

Case Laws Income Tax AT

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