SC granted SLP against ruling that unaccounted money found during search to be treated as business income

INCOME TAX : SLP granted against impugned order of High Court that amendment brought on 1-4-2010 vide clauses (e) and (f) to section 80-IB(10) is prospective in nature; therefore, such amendment to section 80-IB(10) could not be applied in case of transactions of sale of flats by assessee-company,INCOME TAX : SLP granted against impugned order of High Court that amendment brought on 1-4-2010 vide clauses (e) and (f) to section 80-IB(10) is prospective in nature; therefore, such amendment to section 80-IB(10) could not be applied in case of transactions of sale of flats by assessee-company,www.taxmann.com Latest Case LawsRead More

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