Claim of expenses u/s 37(1) - litigation and settlement expenses ...

Case Laws Income Tax

August 13, 2018

Claim of expenses u/s 37(1) - litigation and settlement expenses - during the legal proceedings, the appellant switched gear and became a lawyer in order to settle the dues of the company and discharge his personal guarantee. - claim of expenditure not allowed.

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Claim of expenses u/s 37(1) - litigation and settlement expenses ...

Case Laws Income Tax

August 13, 2018

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