Transaction entered in pursuance of MOU can not be said sham or colourable device to avoid tax
October 22, 2017
High Courts, Income Tax, Judgments
Transaction entered in pursuance of MOU can not be said sham or colourable device to avoid tax when payments and MOU not disputed, Joint Venture payments not attract TDS Provisions-High Court ABCAUS Case Law Citation: ABCAUS 2103 (2017) (10) HC In the instant case, the assessee company …