Prior period expenses - payment of interest on unspent subsidy - ...

Income Tax

April 24, 2017

Prior period expenses - payment of interest on unspent subsidy - the expenditure which is a compensation of the earning made by the assessee on account of funds of government of India being used by the assessee for intermittent period, becomes an expenditure which is allowable u/s 37(1) of the assessee during the current year - AT

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Prior period expenses - payment of interest on unspent subsidy - ...

Income Tax

April 24, 2017

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