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Income Tax - Highlights / Catch Notes

Home Highlights January 2013 Year 2013 This

Excessive claim of indexed cost of construction - expenditure ...


Dispute Over Excessive Construction Cost Claim Deemed Incorrect Under Proviso (b) of Section 142(1)(iii.

January 22, 2013

Case Laws     Income Tax     AT

Excessive claim of indexed cost of construction - expenditure made related to a period more than three years prior to the PY - in view of above proviso (b)of Sec 142(1)(iii), the action of the AO was wrong - AT

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