STUDENT CA- FINAL
74 Points
Joined April 2009
I gave International Taxation
Threre was one objective type question regarding applicability of EQUALIZATION LEVY, all option was incorrect as per my knowledge. please check and reply.
CASE Study-1 Que (e) (ix)
Que: ACL would not be liable for equalization levy if it was
(A) Situated in North eastern State.
(B) Situated in Union Territory of Pondichery.
(C) Situated in Jammu & Kashmir.
(D) A Domistic company in which public are not substantially interested.