Disallowance u/s 37 for firm
R.Venkadesh (Article Assistant) (165 Points)
03 January 2022
I have a doubt is disallowance under section 37 is applicable for firm
3 Replies
R.Venkadesh
(Article Assistant)
(165 Points)
Replied 03 January 2022
Can income tax can be disallowed under section 37.
CA Aakarsh Jain
(CA)
(10431 Points)
Replied 03 January 2022
Expenses can be disallowed u/s 37 in case of firm and income tax department can raise tax liability on that
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