Expenditure toward the grant-in-aid to the school/institution - ...

Case Laws Income Tax

June 25, 2019

Expenditure toward the grant-in-aid to the school/institution - allowable u/s 37(1) as expenditure have been incurred for the purpose of business of the assessee i.e and was not towards contribution to any fund hence not hit by Section 40A(9) - allowable expenses

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Expenditure toward the grant-in-aid to the school/institution - ...

Case Laws Income Tax

June 25, 2019

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