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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Expenses pertaining to closed down Thane unit incurred after ...


Expenses for Closed Thane Unit Allowed u/s 37(1) Due to Statutory Compulsion and Business Necessity.

May 18, 2016

Case Laws     Income Tax     HC

Expenses pertaining to closed down Thane unit incurred after closure of unit - The closure of Thane unit was out of business necessity arising out of statutory compulsion - allowable u/s 37(1) - HC

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