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Income Tax - Highlights / Catch Notes

Home Highlights November 2011 Year 2011 This

Claim of expenditure on account of Rebate of allotment of houses ...


Rebates on House Allotments to Government Institutions Allowable as Expenditure for Assessee Board's Properties.

November 11, 2011

Case Laws     Income Tax     AT

Claim of expenditure on account of Rebate of allotment of houses - the assessee had incurred the expenditure of allowing rebate to the Government institutions, who in turn had invested in various properties of the assessee Board, the said expenditure is allowable in the hands of the assessee..... - AT

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