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Income Tax - Highlights / Catch Notes

Home Highlights August 2020 Year 2020 This

Disallowing social welfare expenditure - expenditure incurred ...

Income Tax

August 27, 2020

Disallowing social welfare expenditure - expenditure incurred under the head Social Welfare Expenditure for construction of houses to flood victims is in the nature of expenditure incurred wholly and exclusively for the purpose of business and deductible u/s 37(1) - AT

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