Sponsored
    Follow Us:

Case Law Details

Case Name : Tamil Nadu Small Industries Corporation Ltd. Vs ACIT (Madras High Court)
Related Assessment Year :
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

Tamil Nadu Small Industries Corporation Ltd. Vs ACIT (Madras High Court)

Madras High Court held that provision for leave salary is not allowable as deduction under section 43B(f) of the Income Tax Act since deduction of actual payment is allowable and not of provision. Accordingly, question of law answered in favour of revenue.

Facts- The substantial question of law that arises for consideration vide the present appeal is that whether on the facts and in the circumstances of the case, the Hon’ble Tribunal was right in rejecting the claim of the appella

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31