The Pune Bench of Income Tax Appellate Tribunal ( ITAT ) has held that income of hire charges can’t be earned without incurring expenditure and disallowance of whole expenditure will not sustainable. The appellant derived income from hire charges of JCB Machines which filed a return of income declaring a total income of Rs.2,65,050/-. The…
Taxscan Premium
Why should you subscribe?
- Enjoy our website without interruptions from advertisements
- Receive Daily newsletters
- Receive realtime Telegram/Whatsapp news updates
- Download original Judgements / Order / Notifications / Circulars, etc
- Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
₹1199 + GST for 1 year
Subscribe Now
Already Subscribed?
Login Now