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Income Tax - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Expenditure on medical treatment of eyes for improving the ...


Court Rules Vision Treatment Costs Not a Professional Expense Due to Personal Benefits Beyond Business Use.

November 1, 2015

Case Laws     Income Tax     HC

Expenditure on medical treatment of eyes for improving the vision - Eyes are essential not only for the purpose of business or profession but for purposes other than these which are so many. - the said expenditure as claimed by the applicant is not in the nature of the expenditure wholly and exclusively incurred for the purposes of the profession of the applicant - HC

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