It is misconceived idea to charge payment of ‘on money’ to the shareholders of the company, in which company entered in the transaction
34 total views
34 total views On 3 February, 2017 ITAT, HYDERABAD BENCH in the case of Dy. CIT v. M/s. Maheswari Mega Ventures Ltd. decide on following three issues:- Assessing officer failed to appreciate that company is an independent entity and distinct person….