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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Additional tax u/s 143(1)(a) - assessee claimed deduction, ...


High Court Confirms Additional Tax on Assessee's Unpermitted Deductions u/s 143(1)(a) of Income Tax Act.

September 24, 2012

Case Laws     Income Tax     HC

Additional tax u/s 143(1)(a) - assessee claimed deduction, which were not permissible, and thereby not only tried to reduce the income to Nil, but also to carry forward the loss. - additional tax confirmed. - HC

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