Friday, February 14, 2020

Madras HC quashes demand of Tax from Motor Car Dealers on Trade Discount [Read Judgment]

The Madras High Court has quashed an order by the Income-tax department where it has demanded tax on trade discounts received by dealers in the sale of Motor Car. The petitioner Kun Motor Company Pvt. Ltd. is a dealer in both new and used cars based in Chennai. In respect of Assessment Year 2009-10, the […]

The post Madras HC quashes demand of Tax from Motor Car Dealers on Trade Discount [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.



from Taxscan | Simplifying Tax Laws https://ift.tt/2vxDSXe

No comments:

Post a Comment