Disallowance u/s 37(1) - expenditure on abandoned films - Rule ...
Case Laws Income Tax
September 28, 2015
Disallowance u/s 37(1) - expenditure on abandoned films - Rule 9A - assessee has shown the expenditure incurred towards the film ‘Shabari’, as his closing stock of the relevant financial year and has not claimed it as expenditure. When there is no claim, there can be no disallowance of the same. - AT
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