Tuesday, June 12, 2018

HC allowed deduction of exp. incurred by assessee on restructuring of several units engaged in different businesses

IT : Where assessee-company had several units engaged in different business, expenditure incurred by assessee on restructuring of said business was to be allowed as deduction under sec. 37(1)

from www.taxmann.com Latest Case Laws https://ift.tt/2LJNjpc
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...