Deduction u/s 37(1) - Nature of payment - Whether shaman shulk ...
High Court Rules "Shaman Shulk" Payment to Excise Department Is Deductible u/s 37(1) of Income Tax Act.
July 31, 2013
Case Laws Income Tax HC
Deduction u/s 37(1) - Nature of payment - Whether shaman shulk paid to Excise Department is penal in nature - The amount cannot be treated to be penalty, which can be disallowed - HC
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