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Case Law Details

Case Name : Kanakadurga Agro Oil Products Limited Vs ACIT (Andhra Pradesh High Court)
Appeal Number : I.T.T.A. No. 793 of 2006
Date of Judgement/Order : 26/09/2022
Related Assessment Year :
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Kanakadurga Agro Oil Products Limited Vs ACIT (Andhra Pradesh High Court)

Issue: The controversy revolves around the word ‘derived’ and the word ‘industrial undertaking’. The question is whether the interest paid on delayed payments form part of profits and gains derived

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Author Bio

Mr.Kapil Goel B.Com(H) FCA LLB, Advocate Delhi High Court [email protected], 9910272804 Mr Goel is a bachelor of commerce from Delhi University (2003) and is a Law Graduate from Merrut University (2006) and Fellow member of ICAI (Nov 2004). At present, he is practicing as an Advocate View Full Profile

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