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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Disallowance of expenses of Research & Development - this is a ...

Case Laws     Income Tax

October 20, 2015

Disallowance of expenses of Research & Development - this is a new line of business, which was to be started. - this was on- going process and these expenses are for earning of future income - no deduction u/s 37(1) - AT

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  9. Periphery Development Expenses - Disallowance of expenses as only objection raised by the ld. AO is that some of the expenditure debited by the assessee cannot be termed...

  10. Penalty u/s 271(1)(c) - Disallowance of interest expenditure under section 43B as well as disallowance export product development expenses - Just because the assessee...

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