Donation to Bharatiya Janata Party - The assessee has not given ...
Donation to BJP Deemed Business Expense, Not Violating Section 37(2B) of Income Tax Act, and Allowable for Tax Purposes.
May 5, 2016
Case Laws Income Tax AT
Donation to Bharatiya Janata Party - The assessee has not given any advertisement in souvenir of the political party therefore not hit by the provisions of section 37(2B) - expenditure was incurred wholly and exclusively for the purpose of business and was not in personal nature, hence allowable - AT
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