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Income Tax - Highlights / Catch Notes

Home Highlights August 2017 Year 2017 This

Legal expenditure incurred by the assessee to defend the writ ...


Legal Costs to Defend Writ Petitions Deductible as Revenue Expenditure u/s 37 of Income Tax Act.

August 5, 2017

Case Laws     Income Tax     HC

Legal expenditure incurred by the assessee to defend the writ petitions filed to quash the Government notification and lease deed is not a capital expenditure and deduction is allowable revenue expenditure u/s 37 - HC

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