Content:
Delhi High Court has ruled that if the Tribunal has granted relief and allowed a deduction, the AO must make the necessary deduction. Therefore, any order denying relief after the Tribunal’s decision is liable to be overturned.
Keywords:
Delhi High Court, Tribunal, AO, deduction, relief, tax treaty, business profits, salaries, expatriates, taxes, Indo-Japan, appellate effect, Supreme Court, statutory prohibition, revised return, assessment, Goetze India Ltd, Commissioner of Income Tax, Jai Parabolic Springs Ltd, National Thermal Power Co Ltd
Hashtags:
#DelhiHighCourt #Tribunal #AO #deduction #relief #taxtreaty #businessprofits #salaries #expatriates #taxes #IndoJapan #SupremeCourt #revisedreturn #assessment #GoetzeIndiaLtd #CommissionerofIncomeTax #JaiParabolicSpringsLtd #NationalThermalPowerCoLtd