Contribution to State Renewal Fund - allowable expenditure - it ...
State Renewal Fund Contributions Qualify as Business Expenditures u/s 37(1) of Income Tax Act.
April 20, 2017
Case Laws Income Tax AT
Contribution to State Renewal Fund - allowable expenditure - it was a legal obligation of the assessee towards contribution of the said amount to the State Renewal Fund and there being a legal obligation as well, to be allowed u/s 37(1) as business expenditure - AT
View Source