Businessmen Can Claim Expenses for Acquiring Management Skills; Turnover Decline or Pending Licenses Not Valid Denial Reasons.

Disallowance of business expenditure - very businessman have a right to acquire knowledge and special skills in management for implementation of systems and new techniques. - Simply because the turnover has fallen down and further granting license is pending before the Government are not at relevant factors to deny the business expenditure claimed by the Assessee. - AT .....

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