Intt. on I.T. paid whether business exps. or not

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Querist : Anonymous

Querist : Anonymous (Querist)

14 March 2011 Dears,

Please provide me information regarding Intt. on I.T. paid is whether business exps. or not.

Bhaskaran Chackrapani Warrier (Expert)
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14 March 2011 It can't be a business expenditure.Pl refer CIT Vs. Chennai Properties & Investments Ltd (1999) 239 ITR 453 (Mad).

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Murtaza I Bhagat (Expert)
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14 March 2011 agreed to expert reply

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