Clarification on applicability of the Expenditure-tax Act, 1987

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... time of incurring of such expenditure are Rs.1,200 or more per day per individual. (up to June 1, 1992, the Act was applicable to chargeable expenditure incurred in a hotel having room charges at Rs.400 or more per day per individual). The computation of room charges is used for the determination of applicability of the Expenditure-tax Act to any particular hotel. The Board has received several .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X