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Income Tax - Highlights / Catch Notes

Home Highlights December 2011 Year 2011 This

Accrual of expenditure - actual or contingent - mercantile ...


Expenditure on Incentives: Bona Fide Intentions Shouldn't Be Questioned Under Mercantile Accounting for Income Tax.

December 26, 2011

Case Laws     Income Tax     AT

Accrual of expenditure - actual or contingent - mercantile basis of accounting - Expenditure on performance incentives and sales incentives - the bonafide of the assessee in making the provision, should not have been doubted.... - AT

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