Discontinuance of business - Taxable Income u/s 176(3A) - total ...

Section 176(3A) Clarifies Full Taxable Income Must Be Considered, No 12.5% Reduction for Business Discontinuance.

November 21, 2012

Case Laws Income Tax HC

Discontinuance of business - Taxable Income u/s 176(3A) - total income of the assessee under Section 176 (3A), can not be reduced to 12.5% as net taxable profit - HC

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Discontinuance of business - Taxable Income u/s 176(3A) - total ...

Section 176(3A) Clarifies Full Taxable Income Must Be Considered, No 12.5% Reduction for Business Discontinuance.

November 21, 2012

Case Laws Income Tax HC

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