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Income Tax - Highlights / Catch Notes

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Disallowance u/s 37(1) - donation made to Shanti Seva Nidhi for ...

Case Laws     Income Tax

April 27, 2019

Disallowance u/s 37(1) - donation made to Shanti Seva Nidhi for the purpose of training and providing technical knowledge along with diploma courses to the employees of the company and their children - students with qualified diploma degrees are in turn recruited by the company - business purpose of assessee is fulfilled - deduction allowable

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