Surplus returned from Common Fund contributed by persons together doesn’t amount to profit, No need to be taxed: ITAT [Read Order] on Wednesday, July 13, 2022 in Taxscan | Simplifying Tax Laws with No comments via Taxscan | Simplifying Tax Laws https://ift.tt/GHngBxF Share: Email ThisBlogThis!Share to XShare to Facebook Related Posts:Kerala HC allows 50% Income Tax Deduction on gross Total Income as quantified Deduction under Sec 80HHB [Read Order]ITAT directs AO to allow Working Capital Adjustment after affording a Reasonable Opportunity of hearing [Read Order]DGFT issues Procedure for Submission and Approval of Applications for Export of Diagnostic Kits [Read Circular]Assessing Officer can’t withhold Income Tax Refund though Statute mandates without assigning any reason: Calcutta High Court [Read Judgment]DGFT amends Import Policy of Integrated Circuits, Incorporation of Policy Condition [Read Notification]
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