Monday, April 5, 2010

Collection of sales tax as a part of dealers’ price is nothing but a trading receipt
Charges towards reimbursement of expenses cannot be included in income.
Bar as provided in section 80-IA(3) is to be considered only for first year of claim of deduction u/s 80-IA
Overseas Investments - Liberalisation - A.P. (DIR Series) Circular No.45, dated 1-4-2010
Income tax authorities for purposes of Dispute Resolution Panel Notified.