#section 37(1)
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552 articlesIncome Tax
Income Tax
Nature of expense not changes due to treatment of same in books of account
Income Tax
Income Tax
Payment made for renewal of DOT licence should not fall under section 35ABB as it would fall more appropriately u/s 37
Income Tax
Income Tax
Loss due to fluctuation in rate of foreign exchange on balance sheet date is allowable u/s 37(1)
Income Tax
Income Tax
Section 37(1) of Income-tax Act – Expenditure incurred for imparting technical know-how to assessee’s personnel has to be deducted under section 37(1) and it does not fall under section 35AB
Income Tax
Income Tax
Amount paid for compounding of offence not allowable u/s 37(1) of the Income Tax Act, 1961
Income Tax
Income Tax
