Disallowance of expenditure incurred in construction of house ...

Tax Deduction Denied for Housing Flood Victims: No Proven Business Connection in Social Welfare Spending.

June 19, 2017

Case Laws Income Tax AT

Disallowance of expenditure incurred in construction of house meant for flood victims called 'Social Welfare Expenditure' - Mere bald assertion that the expenditure was incurred for promoting business cannot be accepted without establishing the nexus between expenditure and business. Therefore, it amounts to application of income voluntarily towards charity which cannot be allowed as a deduction.

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Disallowance of expenditure incurred in construction of house ...

Tax Deduction Denied for Housing Flood Victims: No Proven Business Connection in Social Welfare Spending.

June 19, 2017

Case Laws Income Tax AT

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