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Income Tax - Highlights / Catch Notes

Home Highlights May 2017 Year 2017 This

Non sustaining the re-computation of books profit made after ...


Court Rejects Re-computation of Book Profits Due to Inadequate Expense Allocation Between SEZ and DTA Units.

May 1, 2017

Case Laws     Income Tax     AT

Non sustaining the re-computation of books profit made after bifurcating the interest expenses and other expenses between SEZ and DTA units - Simply making a claim that the assessee is having maintained account in SAP software in scientific manner shall not establish the correctness of the allocation of the expenses between the two SEZ and DTA - AT

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