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Income Tax - Highlights / Catch Notes

Home Highlights November 2014 Year 2014 This

Payment of legal fees and expenses towards defending in a ...


Legal Fees in Criminal Defense Not Deductible as Business Expense Under Tax Law.

November 5, 2014

Case Laws     Income Tax     AT

Payment of legal fees and expenses towards defending in a criminal prosecution not allowable as business expenditure because the same was not expended wholly and exclusively for the purpose of business - AT

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