Claim of expenditure against payment of compensation - Short ...

Compensation for Early Termination of Toll Manufacturing Agreement Deemed Necessary Business Expense for Commercial Expediency.

April 28, 2015

Case Laws Income Tax AT

Claim of expenditure against payment of compensation - Short notice payment for termination of Toll Manufacturing Agreement - compensation was a business contractual obligation of the assessee and therefore, the expenditure was incurred for business as well as commercial expediency of the assessee. - AT

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Claim of expenditure against payment of compensation - Short ...

Compensation for Early Termination of Toll Manufacturing Agreement Deemed Necessary Business Expense for Commercial Expediency.

April 28, 2015

Case Laws Income Tax AT

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