Disallowance of Contribution to Environmental Relief Fund u/s ...

Environmental Relief Fund Contribution Not Subject to Section 43B of Income Tax Act, Not Considered Fee, Tax, or Cess.

January 28, 2019

Case Laws Income Tax AT

Disallowance of Contribution to Environmental Relief Fund u/s 43B - assessee has collected the contribution to the ERF from the owner (insured) - If the amount is not routed through Profit and Loss Account, then there is no question of applicability of provisions of section 43B - Further, ERF was neither fee, tax or cess and, hence, do not come within the ambit of section 43B.

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Disallowance of Contribution to Environmental Relief Fund u/s ...

Environmental Relief Fund Contribution Not Subject to Section 43B of Income Tax Act, Not Considered Fee, Tax, or Cess.

January 28, 2019

Case Laws Income Tax AT

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