Disallowing expenditure on account of contribution to cricket ...

Income Tax

October 23, 2018

Disallowing expenditure on account of contribution to cricket academy by holding it as capital expenditure - nature of expenditure - it is clear that the terms of contract, the expenditure are directly related to business interest of the assessee. - Allowed as revenue expenditure.

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Disallowing expenditure on account of contribution to cricket ...

Income Tax

October 23, 2018

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