Deduction u/s. 24 - allowability of certain fixed expenditure to ...

Section 24: Business Losses from Fixed Expenditures Allowable for Deduction Despite No Business Cessation Under Income Tax Act.

June 7, 2019

Case Laws Income Tax AT

Deduction u/s. 24 - allowability of certain fixed expenditure to maintain its existence and run business operations - There is no complete cessession of business of the assessee and in order to maintain the establishment the assessee has incurred expenditure which has been claimed to be set off - allowable as business loss

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Deduction u/s. 24 - allowability of certain fixed expenditure to ...

Section 24: Business Losses from Fixed Expenditures Allowable for Deduction Despite No Business Cessation Under Income Tax Act.

June 7, 2019

Case Laws Income Tax AT

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