Expenditure Allowable u/s 37(1) - Disallowance of medical ...
Can Medical Insurance for Employees' Families Be Deducted u/s 37(1) of the Income Tax Act?
February 8, 2021
Case Laws Income Tax AT
Expenditure Allowable u/s 37(1) - Disallowance of medical insurance premium paid for the family members of the employees of the company - it can hardly be said that the impugned expenditure were not incurred wholly and exclusively for the purpose of business, which is the real intent of Section 37(1) - AT
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