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Income Tax - Highlights / Catch Notes

Home Highlights July 2017 Year 2017 This

Cess on green leaf - allowable expenditure - whether directly ...


Green Leaf Cess Eligible for Deduction in Composite Income u/r 8, Directly Tied to Agricultural Activities.

July 17, 2017

Case Laws     Income Tax     AT

Cess on green leaf - allowable expenditure - whether directly attributable to core agriculture activities - the amount paid as cess was held as eligible for deduction in computing the composite income under Rule 8 of I.T. Rules

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