Disallowances as the overloading charges u/s 37 -whether this is ...

Examining Overloading Charges: Section 37 Payments Not Penalties u/s 73, Allowed as Compensatory Charges in India.

January 13, 2018

Case Laws Income Tax AT

Disallowances as the overloading charges u/s 37 -whether this is nothing but a penalty as per provision of section 73 of the Indian Railway Act, 1989 - these payments were not in the nature of penalty for infringement of law and were purely in the nature of compensatory charges - expenses allowed - AT

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Disallowances as the overloading charges u/s 37 -whether this is ...

Examining Overloading Charges: Section 37 Payments Not Penalties u/s 73, Allowed as Compensatory Charges in India.

January 13, 2018

Case Laws Income Tax AT

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