Disallowance of expense u/s 37(1) - He has used the carcinogenic ...

Income Tax

December 28, 2017

Disallowance of expense u/s 37(1) - He has used the carcinogenic substance, which is direct cause of cancer, much in excess of permissible limits, resulting in manufacture of product with substantial health hazard sand that is the reason that the related stocks had to destroyed by the law enforcement agencies. - Even if it is not treated as an offence, it is certainly prohibited in law. - Expenses cannot be allowed - AT

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Disallowance of expense u/s 37(1) - He has used the carcinogenic ...

Income Tax

December 28, 2017

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