Disallowing of gift expenses and Diwali Gift expenses u/s 37 (1) ...
Case Laws Income Tax
December 15, 2018
Disallowing of gift expenses and Diwali Gift expenses u/s 37 (1) - gift for the person who are not connected with the business of the assessee - CIT (A) was justified in restricting the disallowance to 35% of claim.
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