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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Contribution to Bata Workers Sickness Benefit Society - the fund ...


Bata Workers Sickness Benefit Society contributions qualify for tax allowance u/s 37(1) of the Income Tax Act.

May 19, 2016

Case Laws     Income Tax     AT

Contribution to Bata Workers Sickness Benefit Society - the fund was constituted bona fidely for the welfare of its employees in the smooth running of the business and, hence, the said contribution was to be allowed u/s 37(1). - AT

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