Whether exp. is allowable as per income tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 October 2014
Appeal fee paid to court is allowable exp. under income tax.
26 October 2014
Yes it is allowable u/s37 but if the case is for illegal activities then no. otherwise for regular course of business activities it is allowable
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