Case Law Details
Case Name : DCIT, Circle Vs Maruti Securities Limited (ITAT Hyderabad)
Related Assessment Year : 2013-2014
Courts :
All ITAT ITAT Hyderabad
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DCIT Vs Maruti Securities Limited (ITAT Hyderabad)
The Assessing Officer was of the view that the company has entered into an agreement for receipt of interest from the above companies @ 8% per annum during the previous year relevant to the A.Y. 2009-10. At the end of the years, the assessee-company has again entered into agreements for not charging interest or waiver of the interest stating that all the three parties suffered losses. The practice of entering and cancellation of agreements, is not acceptable according to the AO, since the assessee-company is following mercantile system of acco...
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BY MISTAKE I HAVE FILLED NIL RETURN FOR MONTH OF MARCH-2018. NOW HOW CAN I RECTIFY THIS ERROR.