Disallowance of foreign education and training expenses of ...

Court Rules Foreign Education Expenses Valid Business Costs u/s 37 of Income Tax Act.

September 17, 2018

Case Laws Income Tax HC

Disallowance of foreign education and training expenses of partner as being not related to the business of the firm - this Court is fully satisfied that this is not a case where there is a misuse of the provision of Section 37 of the Act to foist a personal expenditure as a business expenditure. - Expense allowed.

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Disallowance of foreign education and training expenses of ...

Court Rules Foreign Education Expenses Valid Business Costs u/s 37 of Income Tax Act.

September 17, 2018

Case Laws Income Tax HC

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