Retrenchment compensation paid by subsidiary to the workers of ...

Retrenchment compensation reimbursed by original owner to subsidiary is an admissible deduction under contractual agreement.

September 13, 2016

Case Laws Income Tax HC

Retrenchment compensation paid by subsidiary to the workers of the two units which belonged to the assessee and which were transferred to the subsidiary and which amount was reimbursed by the assessee under a contractual agreement - allowable as an admissible deduction - HC

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Retrenchment compensation paid by subsidiary to the workers of ...

Retrenchment compensation reimbursed by original owner to subsidiary is an admissible deduction under contractual agreement.

September 13, 2016

Case Laws Income Tax HC

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