Section 35AB

Sec. 37(1), Section 35AB, Section 37

Karnataka H.C : The assessee to Molex USA for providing technicians to train assessee’s personnel in manufacturing, testing, inspection and quality control of its products and to impart know-how and technical data and suggest improvements thereto, as per the mutual agreement sub-clause 7.4 did not fall under section 35AB of the Act, but was entitled to total relief under section 37(1) of the Act

High Court Of Karnataka CIT vs. Molex (India) Ltd. Assessment Year : 1995-96 Section : 37(1), 35AB N. Kumar And

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