Claim of expenditure against payment of compensation - Short ...

Income Tax

April 28, 2015

Claim of expenditure against payment of compensation - Short notice payment for termination of Toll Manufacturing Agreement - compensation was a business contractual obligation of the assessee and therefore, the expenditure was incurred for business as well as commercial expediency of the assessee. - AT

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Claim of expenditure against payment of compensation - Short ...

Income Tax

April 28, 2015

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