AO can’t make ad hoc additions on account of interest exp. on car used for personal purpose without assigning reasons

INCOME TAX: Where assessee had carried out substantial expansion in existing unit immediately on completion of first five years and duly complied with conditions laid down in clause (ix) sub-section 8 of section 80-IC, it will be entitled for deduction during year under assessmentINCOME TAX: Where assessee had carried out substantial expansion in existing unit immediately on completion of first five years and duly complied with conditions laid down in clause (ix) sub-section 8 of section 80-IC, it will be entitled for deduction during year under assessmentwww.taxmann.com Latest Case LawsRead More

Leave a Reply