Nature of expenditure - compensation to the Forest Department on ...

Supreme Court Rules Forest Dept Compensation as Business Expense, Not Asset Acquisition, Confirms Assessing Officer's Decision.

February 26, 2021

Case Laws Income Tax AT

Nature of expenditure - compensation to the Forest Department on account of the decision of Hon'ble Supreme Court - The AO admitted this fact that the amount paid was not for acquiring the new asset. - The said expenses are liable to be treated to be paid for business expenses.- AT

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Nature of expenditure - compensation to the Forest Department on ...

Supreme Court Rules Forest Dept Compensation as Business Expense, Not Asset Acquisition, Confirms Assessing Officer's Decision.

February 26, 2021

Case Laws Income Tax AT

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