Thursday, 9 July 2015

AO's order allowing sec. 80-IA relief on capital receipt wasn't prejudicial to revenue; not liable t

IT : Since allowance of receipts on sale of carbon credit, being a capital receipt which was erroneously allowed for deduction under section 80-IA, did not prejudice interest of revenue, order of Commissioner passed under section 263 was to be quashed

No comments:

Post a Comment