Wednesday, July 9, 2014

[aaykarbhavan] Reimbursement of demurrage charges to be excluded from shipping profits while applying sec. 44B



Reimbursement of demurrage charges to be excluded from shipping profits while applying sec. 44B

July 9, 2014[2014] 46 taxmann.com 128 (Bombay)
IT: Section 44B could not be invoked in case of demurrage charges reimbursed by assessee to non-resident for import of crude oil
 
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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