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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Deduction u/section 80(IA)(10) r.w.s 10AA(9) - AO made the ...

Income Tax

September 11, 2019

Deduction u/section 80(IA)(10) r.w.s 10AA(9) - AO made the additions on the ground that, by giving deductions of interest on capital and remuneration to partner of the assessee firm after finding that the assessee had taken undue benefits of section 10AA by not claiming interest on capital and remuneration to partners which resulted in increase in exempted profit - CIT(A) rightly deleted the additions - AT

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