Deduction u/s 37(1) ::


Last updated: 07 September 2007

Court :
HC

Brief :
Held by hon"ble court that as the expenditure was incurred on purely commercial basis and as no deficiency was found in books of accounts the assessee was entitled to claim deduction for expenses incurred u/s 37(1).

Citation :
C.I.T Vs. Bhushan Dua

You have reached daily limit of 2 Free Judgements. To view this or other Judgements please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 1999/-

Offer Price : INR 999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)
 
Join CCI Pro



Comments

CAclubindia's WhatsApp Groups Link