Home / 
Detention Charges Classified as Demurrage Subject to Disallowance Under Income Tax Regulations.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Disallowance of detention charges - the payment is nothing but in the nature of demurrage and simply because it is paid to the custom department, the nature cannot be changed - AT....
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
TaxTMI