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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

Expenditure claimed by the assessee to fund the higher education ...


High Court Allows Deduction for Director's Education Expenses as Business Expense u/s 37(1) of Income Tax Act.

February 27, 2014

Case Laws     Income Tax     HC

Expenditure claimed by the assessee to fund the higher education of its director had an intimate and direct connection with its business - expenditure allowed u/s 37(1) - HC

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