Stamp duty reimbursement taxable under which head?
Siddharth Bonny Tiwari (40 Points)
29 November 2018
Please help...
Siddharth Bonny Tiwari (40 Points)
29 November 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(175726 Points)
Replied 29 November 2018
Usually reimbursements are adjusted against the payments made and are not taxable.
But vary from case to case .....
Siddharth Bonny Tiwari
(40 Points)
Replied 29 November 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(175726 Points)
Replied 29 November 2018
Its not reimbursement !!
It was added to COA and same is deducted against sell proceeds, after indexation. !!!
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
CAclubindia
