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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

In assessment year 2002-03 the total contribution to the pension ...


Pension Fund Contribution: Rs. 22.89 Lakhs Disbursed to Pensioners, Allowed as Expenditure for Assessment Year 2002-03.

October 6, 2015

Case Laws     Income Tax     AT

In assessment year 2002-03 the total contribution to the pension fund during the year was ₹ 1.22 crores out of which ₹ 22,89,137/- were actually disbursed to the pensioners and hence the said expenditure of ₹ 22,89,137/- is allowable as an expenditure in the hands of the assessee for assessment year 2002-03. - AT

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