Disallowance u/s 37 - compensating the damage to the environment ...

Assessee's Compensation for Delay in Pollution Control Device Installation Allowed as Business Expense u/s 37.

August 13, 2016

Case Laws Income Tax HC

Disallowance u/s 37 - compensating the damage to the environment - The compensation was paid because the assessee had failed to install the pollution control device within the time prescribed - claim of expenditure allowed as incurred fro the purpose of business - HC

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Disallowance u/s 37 - compensating the damage to the environment ...

Assessee's Compensation for Delay in Pollution Control Device Installation Allowed as Business Expense u/s 37.

August 13, 2016

Case Laws Income Tax HC

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