Disallowance of expenses incurred on corporate social ...

Income Tax

September 2, 2020

Disallowance of expenses incurred on corporate social responsibility (“CSR”) - expenditure incurred towards display of name/logo of the assessee on various items is undoubtedly for the promotion of the business of the assessee as it promotes goodwill. Hence, the expenditure is to be allowed as revenue expenditure. - AT

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Disallowance of expenses incurred on corporate social ...

Income Tax

September 2, 2020

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