Case Law Details
Case Name : DCIT Vs M/s Mcleod Russel India Ltd (ITAT Kolkata)
Appeal Number : I.T.A No. 2093/Kol/2010
Date of Judgement/Order : 06/05/2011
Related Assessment Year : 2005- 06
Courts :
All ITAT ITAT Kolkata
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
DCIT Vs M/s Mcleod Russel India Ltd (ITAT Kolkata) – Whether FBT is payable even in the absence of any taxable income – Whether provision of section 115-O & 115WA are pari-materia and hence FBT is leviable only to the extent of those expenses which are directly relatable to the Income taxable under the Income Tax Act – Whether when only 40% income of a tea company is chargeable to tax, even FBT liability arises on only 40% of expenses. – Revenue’s appeal allowed.
IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH : KOLKATA
I.T.A No. 2093/Kol/2010
Assessment Year : 2006- 2007
Deputy Commissioner of Wealth Tax vs. M/s. McLeod Russel India Ltd.
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
Hi
It was learnt FBT was abolished. Please clarify on this issue
Thanks
Mahesh