Payment of compounding fee to RBI for default in obtaining ...

Compounding Fee Paid to RBI for FIPB and FEMA Approval Allowed as Deductible u/s 37(1) of Income Tax Act.

August 10, 2018

Case Laws Income Tax AT

Payment of compounding fee to RBI for default in obtaining approval form RBI for the purpose of FIPB and FEMA - Claim of expenditure not hit by the explanation to section u/s 37(1) - expenditure allowed.

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Payment of compounding fee to RBI for default in obtaining ...

Compounding Fee Paid to RBI for FIPB and FEMA Approval Allowed as Deductible u/s 37(1) of Income Tax Act.

August 10, 2018

Case Laws Income Tax AT

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