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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Payment of legal and professional expenses after closer of ...


Expenses After Business Closure Allowed as Deductions for Sales Tax Litigation and Corporate Status Maintenance.

July 11, 2015

Case Laws     Income Tax     AT

Payment of legal and professional expenses after closer of business - since these expenses were related to the sales tax litigation and for maintaining corporate status it can be said that those were related to the business of the assessee and were rightly allowed. - AT

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