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Income Tax - Highlights / Catch Notes

Home Highlights October 2017 Year 2017 This

Nature of expenditure - Disallowance of construction of statue ...


Statue Construction Costs for Sardar Patel Allowed as Revenue Expenditure to Boost Taxpayer Visibility.

October 11, 2017

Case Laws     Income Tax     AT

Nature of expenditure - Disallowance of construction of statue of Shri Sardar Patel at a circle in the town where the assessee is situated to increase the visibility of the assessee in the public at large - allowed as revenue expenditure

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