income tax on deferred sales tax liability Archives

Deferred sales tax liability credited by assessee under capital reserve account was a capital receipt & could not be termed as remission/cessation of liability for levy of income tax

July 17, 2021 0 Comments

Deferred sales tax liability credited by assessee under capital reserve account was a capital receipt & could not be termed as remission/cessation of liability for levy of income tax ITAT Mumbai, in the case of Zyg Pharma Pvt. Ltd. Vs. ...

Income Tax

If the PF amount had been deposited within permissible grace period, no disallowance can be made u/s 43B

July 12, 2021 0 Comments

If the PF amount had been deposited within permissible grace period, no disallowance can be made u/s 43B ITAT Mumbai, in the case of Zyg Pharma Pvt. Ltd. Vs. DCIT has held as under: Perusal of assessment order showed that ...

Expenses incurred for purchase of ...

No Specific Identification is needed ...

If the Assessing Officer has ...

CGST issues Standard Operating ...

Tag: income tax on deferred sales tax liability

Deferred sales tax liability credited by assessee under capital reserve account was a capital receipt & could not be termed as remission/cessation of liability for levy of income tax

If the PF amount had been deposited within permissible grace period, no disallowance can be made u/s 43B

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Posts tagged "income tax on deferred sales tax liability"

Deferred sales tax liability credited by assessee under capital reserve account was a capital receipt & could not be termed as remission/cessation of liability for levy of income tax

If the PF amount had been deposited within permissible grace period, no disallowance can be made u/s 43B

Sign Up to New letter