Expenditure paid to Pune Municipal Corporation(PMC) for ...
Expenditure to Regularize Excess Area at MODI MALL is a Penalty, Not Deductible u/s 37(1) IT Act.
July 4, 2015
Case Laws Income Tax AT
Expenditure paid to Pune Municipal Corporation(PMC) for regularizing the excess area constructed for a building called "MODI MALL" - Is in the nature of penalty - not allowable u/s 37(1) - AT
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