Direct Tax - a mind teaser

Robin (AUDITOR) (854 Points)

15 November 2011  

Today's DT paper was average,

Liquidated damage - Capital Receipt, Saurastra Cements Case

Anonymoius Donation Taxability at 30% separate

44AD - Partnership firm - Advance tax not applicable 234B and 234C !

All and all it was tota;;y mind teaser, did many mistakes eventhough knew everything,