Deduction u/s 37(1) - Payment of compounding fee in lieu of an ...

Compounding Fee Deduction u/s 37(1) of Income Tax Act Questioned; Penal Nature Debated and Remanded for Review.

August 3, 2012

Case Laws Income Tax AT

Deduction u/s 37(1) - Payment of compounding fee in lieu of an offence - whether or not penal in nature - After analyzing and referring various case laws matter remanded back to CIT(A) with the directions - AT

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Deduction u/s 37(1) - Payment of compounding fee in lieu of an ...

Compounding Fee Deduction u/s 37(1) of Income Tax Act Questioned; Penal Nature Debated and Remanded for Review.

August 3, 2012

Case Laws Income Tax AT

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