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Income Tax - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Deduction u/s 80O - any income received by the assessee from the ...


Foreign Income from Patents and Trademarks Eligible for Section 80O Deduction, Additions Need More Than Suspicion.

February 18, 2020

Case Laws     Income Tax     AT

Deduction u/s 80O - any income received by the assessee from the Government of a foreign State or foreign enterprise in consideration for the useoutside India of any patent, invention, design or registered trade mark - no addition would be sustainable in law merely on the basis of suspicion, conjectures or surmises. - AT

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