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Income Tax - Highlights / Catch Notes

Home Highlights May 2014 Year 2014 This

Deduction u/s 57 when there is no income – how expenditure which ...


Court Questions Deductibility of Valid Expenses Without Income u/s 57 of Income Tax Act.

May 29, 2014

Case Laws     Income Tax     HC

Deduction u/s 57 when there is no income – how expenditure which is otherwise a proper expenditure can cease to be a such merely because there is no receipt of income, has not been explained by the revenue at all - HC

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