Deduction u/s 37 - Provision for exepenses - in order to derive ...
Claim for Estimated Expenditures on Minor Work Allowed u/s 37 of Income Tax Act for True Net Profit Calculation.
January 7, 2019
Case Laws Income Tax AT
Deduction u/s 37 - Provision for exepenses - in order to derive the true net profit in project completion method it is necessary to show these estimated expenditures, like,Exp. on minor/miscellaneous work - claim allowed.
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