JYOTI ELECTRIC MOTORS LTD, versus COMNUSSIONER OF INCOME-TAX
Commissioner's Reviewing Options Directs Directives for the Integrity of Revenue Assesssee engaged in the business of manufacturing and selling electric motors for cost or capital expense knows how to draw a contract with licensors for technical supplies. , Designs, technical documents and more. The preliminary drawings and technical documents that should be provided to the unpaid assessments were for a period of 10 years. The contract was to continue until the expiry of one year's notice after the expiry of the contract. Assisi was obtained during the benefit capital cost for the licensee was royalty payment with the ITO, the wrongful and misleading decision of the Commissioner Holding Assessment was interest interest and the ITO decided to remand the matter. Following the Indian Income Tax Act, 1961, section 263
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