Meaning of tax terms

Meaning of “Is”

Posted on by Prashant Thakur

Case Name : CIT  Vs. Indian Oil Corpn.Ltd.

Citation :[2012] 25 TAXMANN.COM 284/210 TAXMAN 466/254 CTR 113 (BOM.)

Court : Bombay High Court

Section : 234A

Meaning : The word ‘is’ section 234d has a past signification.

Prashant Thakur

The author has spent more than 30 years in the field of taxation. Wrote four books -3 on on Indian Tax Law and 1 on US tax law for cryptocurrency. Apart from https:taxworry.com , he also writes on https://irstaxapp.com which is for US tax laws. He is a tech enthusiast and manages a cloud computing company that publishes innovative software.

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