Disallowance as the overloading charges - Railway Punitive ...

Railway Overloading Payments Are Compensatory, Not Disallowed Under Explanation to Section 37(1) of Income Tax Act.

January 18, 2018

Case Laws Income Tax AT

Disallowance as the overloading charges - Railway Punitive Charges - payments made to the railways for overloading of the wagons is compensatory in nature and cannot be disallowed under Explanation to Section 37(1) of the Act. - AT

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Disallowance as the overloading charges - Railway Punitive ...

Railway Overloading Payments Are Compensatory, Not Disallowed Under Explanation to Section 37(1) of Income Tax Act.

January 18, 2018

Case Laws Income Tax AT

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