Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
Page of 4830
Press 'Enter' after typing page number.
181 to 200 of 96587 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Computation of book profit u/s 115JB does not allow inclusion of capital gain from sale of flats with indexed cost benefit. Section 115JB requires calculation of book profit in accordance with Part-II and Part-III of Schedule VI of Companies Act, subject to adjustments provided therein. Absence of specific clause allowing claimed benefit precludes assessee from calculating book profit by including net gains from sale of capital assets after claiming indexed cost of acquisition. Appeal dismissed, confirming view taken by CIT(Appeals).
Computation of book profit u/s 115JB does not allow inclusion of capital gain from sale of flats with indexed cost benefit. Section 115JB requires calculation of book profit in accordance with Part-II and Part-III of Schedule VI of Companies Act, subject to adjustments provided therein. Absence of specific clause allowing claimed benefit precludes assessee from calculating book profit by including net gains from sale of capital assets after claiming indexed cost of acquisition. Appeal dismissed, confirming view taken by CIT(Appeals).
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4830 
Join Channel 
