Prior period expenditure - Contribution to superannuation fund - ...

Superannuation contributions not a prior period expense under Income Tax Act sections 36(1)(iv) and 43B; deductions on payment only.

March 4, 2017

Case Laws Income Tax AT

Prior period expenditure - Contribution to superannuation fund - the contribution cannot be considered as prior period expenses in view of the specific provision of section 36(1)(iv) r.w.s. 43B and deduction on the basis of payment is permissible in law - AT

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Prior period expenditure - Contribution to superannuation fund - ...

Superannuation contributions not a prior period expense under Income Tax Act sections 36(1)(iv) and 43B; deductions on payment only.

March 4, 2017

Case Laws Income Tax AT

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