TMI BlogAllowable expenditure u/s 37(1) - The assessee at the initial stage could not file any reply on this...Allowable expenditure u/s 37(1) - The assessee at the initial stage could not file any reply on this issue. The DRP has given a specific finding that this amount have been incurred on salary advance and other payments which are neither in the nature of trading loss nor the bad debts. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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