Disallowance of legal & professional fee - pre-bidding expenses ...

Legal Fees for Pre-Bidding Expenses Not Matched with Revenue; Matching Principle Deemed Inapplicable.

May 9, 2017

Case Laws Income Tax AT

Disallowance of legal & professional fee - pre-bidding expenses - The assessee after participating in the bidding, if the bid is successful, it allotted the work to the subsidiaries and receives fee from the subsidiaries - the matching principles have no application - AT

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Disallowance of legal & professional fee - pre-bidding expenses ...

Legal Fees for Pre-Bidding Expenses Not Matched with Revenue; Matching Principle Deemed Inapplicable.

May 9, 2017

Case Laws Income Tax AT

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