This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Income earned by CA from audits will not be entitled to relief U/s. 80RR
Case Law Details
- Case Name
- Dilip K. Sheth Vs ITO (ITAT Mumbai 'A' Bench)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All ITAT, ITAT Mumbai
RELEVANT PARAGRAPH
16. In construing the wording of a Section avowed purpose for which the section has been introduced has also to be considered. While introducing the Section, the purpose of the same has been clarified by the CBDT in para 48 vide Their Circular No- 22 dated 17.07.1969. which is reproduced below:-.
“48. The Finance Act, 1969 has inserted a new Section 80RR in the Income-tax Act with effect from Ist April, 1979 under which a resident individual being an author, playwright, artist, musician or actor who derives income in the exercise of his profession from foreign sources ...
