Expenditure paid to its retired employees - the payments ...

Income Tax

July 11, 2019

Expenditure paid to its retired employees - the payments effected in terms of the Retirement Regulations, 1979 have been strictly made to the retired employees' account after deduction of TDS wherever applicable - the payment would fall within the general deductions u/s 37 and cannot be brought u/s 36(1)(iv) and (v) of the Act

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Expenditure paid to its retired employees - the payments ...

Income Tax

July 11, 2019

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