FTS u/s 9 of Income Tax Act, 1961

CA Nischal Agarwal , Last updated: 22 November 2014  
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Installation Commissioning Expenses are not covered under the definition of FTS u/s 9 of Income Tax Act, 1961 The issue is no longer res integra as it has been held by Honble ITAT Mumbai in case of Bennet Coleman Co. Ltd. Vs ITO(TDS) [ITA No. 7315/Mum/2008] pronounced on 12-11-2014 wherein

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CA Nischal Agarwal
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Category Income Tax   Report

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