Disallowance of Finance Cost incurred during the year under the ...

Finance Costs Reassessment Allowed: Section 36(1)(iii) Doesn't Prevent Revenue From Reviewing Claims Yearly Despite Past Acceptances.

December 22, 2017

Case Laws Income Tax AT

Disallowance of Finance Cost incurred during the year under the consideration u/s 36(1)(iii) - mere acceptance of the claim in earlier years in proceedings u/s 143(1) does not debar Revenue from examining the claim on merits in subsequent years and does not create a bar of res-judicata . - AT

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Disallowance of Finance Cost incurred during the year under the ...

Finance Costs Reassessment Allowed: Section 36(1)(iii) Doesn't Prevent Revenue From Reviewing Claims Yearly Despite Past Acceptances.

December 22, 2017

Case Laws Income Tax AT

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