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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Addition of peak credit u/s 69C on the premise that material was ...

Income Tax

October 15, 2018

Addition of peak credit u/s 69C on the premise that material was purchased in cash from the open market whereas the accommodation purchase bills were procured from the alleged hawala dealers - additions confirmed.

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  10. Cenvat credit - Input service - insurance premium paid on turnkey contracts to the extent of cost of material procured from the open market - credit denied - AT

 

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