Disallowance of expenditure incurred towards village development ...

Company's Village Development Spending for Goodwill Recognized as Allowable Business Expense.

July 3, 2019

Case Laws Income Tax AT

Disallowance of expenditure incurred towards village development - In order to earn goodwill of the people residing in the neighbor-hood area and to keep social relations with residents, assessee company has to incur certain expenditure, repaired certain village roads and given donations during social occasions - allowable business expenditure

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Disallowance of expenditure incurred towards village development ...

Company's Village Development Spending for Goodwill Recognized as Allowable Business Expense.

July 3, 2019

Case Laws Income Tax AT

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