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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Disallowance of provision of Sludge Disposal Charges - liability ...


Sludge disposal charges are deductible when generated u/s 37 of the Income Tax Act.

September 20, 2013

Case Laws     Income Tax     AT

Disallowance of provision of Sludge Disposal Charges - liability of sludge disposal charges accrues the moment the sludge is generated and accordingly the provision for sludge disposal charges ought to be allowed as deduction under section 37 - AT

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