Monday, December 15, 2014

[aaykarbhavan] Sum received for five-year maintenance contract of equipments couldn't be taxed in one assessment year



Sum received for five-year maintenance contract of equipments couldn't be taxed in one assessment year

December 15, 2014[2014] 51 taxmann.com 571 (Delhi)
IT: Entire amount of commission received on sale of medical equipments could not be offered for taxation in one assessment year when assessee had future obligation of maintenance service and necessary expenditure required for same
 
Regards
Prarthana Jalan


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


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