Deduction of expenditure incurred in earning income u/s 56 - ...

Court Allows Tax Deduction for Thrift Society's Expenses u/s 56, Linking Expenditure to Income Source.

March 4, 2017

Case Laws Income Tax HC

Deduction of expenditure incurred in earning income u/s 56 - assessee is a Thrift and Credit Society - the source is inextricable to the nature of the expenditure - deduction allowed - HC

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Deduction of expenditure incurred in earning income u/s 56 - ...

Court Allows Tax Deduction for Thrift Society's Expenses u/s 56, Linking Expenditure to Income Source.

March 4, 2017

Case Laws Income Tax HC

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