Income in the shareholders a/c has to be computed under the ...

Income Tax

January 18, 2018

Income in the shareholders a/c has to be computed under the normal provisions of the computation of income in Income Tax Act. Royalty paid by the assessee in our view cannot be regarded to be an expense relating to the life insurance business. - AT

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Income in the shareholders a/c has to be computed under the ...

Income Tax

January 18, 2018

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