Income Tax Dept warns public against cash dealings of Rs 2 lakh or more saying that the receiver of the amount will have to cough up an equal amount as penalty.

Provision of sec. 43B couldn't be invoked with regards to duty & surcharge collected by state electricity board

Section 43B could not be invoked for making assessment of liability of assessee State Electricity Board with regard to amount of electricity duty and surcharge collected by it as an agent of State of Kerala

Kerala State Electricity Board is not covered by section 36(1)(viia)

Refer: [2018] 100 taxmann.com 132 (Cochin - Trib.)

Share This!



Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Designed By Seo Blogger Templates |  Powered By Blogger