Supreme Court clarifies Section 40(a)(iib) of Income Tax Act: Kerala State Beverages vs. ACIT (2022)

Supreme Court clarifies Section 40(a)(iib) of Income Tax Act: Kerala State Beverages vs. ACIT (2022) Date of the Judgment: January 03, 2022 Citation: 2022 INSC 4 Judges: R. Subhash Reddy, J., Hrishikesh Roy, J. Can a state government undertaking claim deductions for fees paid to the state? The Supreme Court of India recently addressed this […]

Supreme Court clarifies Section 40(a)(iib) of Income Tax Act: Kerala State Beverages vs. ACIT (2022) Read Post »