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![S.40A(2)of Income Tax Act not Applicable to Trade Discount given in Sales Invoice: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Act-Trade-Discount-Sales-Invoice-ITAT-taxscan.jpg "S.40A(2)of Income Tax Act not Applicable to Trade Discount given in Sales Invoice: ITAT [Read Order]")
S.40A(2)of Income Tax Act not Applicable to Trade Discount given in Sales Invoice: ITAT [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) has held that Section 40A(2) of the Income Tax Act 1961, would not be applicable to trade...
![Madras HC allows Refund of Additional Duty of Customs for Sale of Imported Goods in India with interest [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/refund-Additional-Duty-Customs-johnson-Taxscan.jpeg "Madras HC allows Refund of Additional Duty of Customs for Sale of Imported Goods in India with interest [Read Judgment]")