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Income Tax - Highlights / Catch Notes

Home Highlights December 2020 Year 2020 This

Allowable expenditure - salaries paid to the employees of the ...

Income Tax

December 9, 2020

Allowable expenditure - salaries paid to the employees of the Department of Urban Estates on account of transfer of functions overtaken by the HUDA - In the absence of diversion of employees from Department of Estates, HUDA would have to hire outside manpower and also require to pay them accordingly. Keeping in view the functions performed by the employees for HUDA the expenses out of salary cannot be treated as non business expenditure. - AT

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