In case of temporary suspension of business, there is nothing to ...

Temporary Business Suspension Doesn't Mean Abandonment: Maintenance Expenses Qualify as Allowable u/s 37(1) Income Tax Act.

October 28, 2015

Case Laws Income Tax AT

In case of temporary suspension of business, there is nothing to show that the business has been abandoned permanently and expenditure incurred to keep the business alive in the hope of reviving the same is business expenditure allowable under sec. 37(1) - AT

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In case of temporary suspension of business, there is nothing to ...

Temporary Business Suspension Doesn't Mean Abandonment: Maintenance Expenses Qualify as Allowable u/s 37(1) Income Tax Act.

October 28, 2015

Case Laws Income Tax AT

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