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No disallowance u/s 36(1)(iii) wherein interest free advance to sister concern was made due to margin money stipulation of bank granting. Supreme Court of India: Hero Cycles.
Receipt already taxed in the head of sub-contractor cannot be disallowed to contractor considering same as inflated expense.[ ITAT Hyderabad: KNR Constructions Ltd. vs. DCIT]
Sovereign Gold Bonds, 2015-2016 issue date shifted to November 30, 2015 vide circular issued by RBI.
Custom department issued notification no. 53/2015- Dated- 23rd November, 2015 to deepen the tariff concessions in respect of specified goods.
Delhi VAT- Form DP-1 shall be submitted online by all dealers latest by 31.12.2015.
Receipt already taxed in the head of sub-contractor cannot be disallowed to contractor considering same as inflated expense.[ ITAT Hyderabad: KNR Constructions Ltd. vs. DCIT]
Sovereign Gold Bonds, 2015-2016 issue date shifted to November 30, 2015 vide circular issued by RBI.
Custom department issued notification no. 53/2015- Dated- 23rd November, 2015 to deepen the tariff concessions in respect of specified goods.
Delhi VAT- Form DP-1 shall be submitted online by all dealers latest by 31.12.2015.