Wednesday, March 27, 2019

Taxability of Interest on Compensation under Motor Vehicle Act: ITAT directs to follow upcoming SC Verdict [Read Order]

The Income Tax Appellate Tribunal (ITAT), Jaipur has directed the Assessing Officer to wait till the Supreme Court pronounce a judgment in Sharda Pareek v. Assistant Commissioner of Income Tax & another, where the question of taxability of interest on Compensation under the Motor Vehicle Act is pending before the Court. The return filed by […]

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