The punitive charges paid are only compensatory in nature ...

Income Tax

April 4, 2017

The punitive charges paid are only compensatory in nature pursuant to the contractual obligation which is directly connected or intrinsically related with the carrying on of its business which unequivocally qualifies as an allowable deduction under section 37(1) - AT

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The punitive charges paid are only compensatory in nature ...

Income Tax

April 4, 2017

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