TMI BlogDisallowance of business expenditure - very businessman have a right to acquire knowledge and special...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 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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