CORPORATE AND PROFESSIONAL UPDATE DECEMBER 8, 2015
Corporate and Professional Update December 8, 2015 INCOME TAX ACT SECTION 10A FREE TRADE ZONE Computation of deduction : An assessee cannot include notional interest on surplus funds as income in computation of profits and gains derived by its undertaking from export of articles or things, for purpose of claiming exemption under section 10A – [2015] 119 …