Nature of payment - Business expenditure or appropriation of ...

Co-operative Education Fund contribution from past profits denied as a deduction u/s 37(1) of Income Tax Act.

January 15, 2019

Case Laws Income Tax AT

Nature of payment - Business expenditure or appropriation of funds - claim for deduction being the contribution to Co-operative Education Fund - National Co-operative Union of India - Payment made out of profit of earlier years - Not allowed as deduction u/s 37(1)

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Nature of payment - Business expenditure or appropriation of ...

Co-operative Education Fund contribution from past profits denied as a deduction u/s 37(1) of Income Tax Act.

January 15, 2019

Case Laws Income Tax AT

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