Tuesday, June 12, 2018

Deduction allowable on Purchase of Old Gold from Customers against Purchase of New Ornaments: ITAT [Read Order]

The Hyderabad bench of Income Tax Appellate Tribunal ( ITAT ) in Dy. Commissioner of Income Tax, Hyderabad v. Kalanikethan Silks Private Limited ruled that, Deduction allowable on Purchase of Old Gold from Customers against Purchase of New Ornaments The Tribunal bench comprising of Judicial Member P. Madhavi Devi and Accountant Member S.Rifaur Rahman heard an appeal […]

The post Deduction allowable on Purchase of Old Gold from Customers against Purchase of New Ornaments: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



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