Allowability of expenditure u/s 37 - expenditure on scholarship ...

Case Laws Income Tax

August 16, 2019

Allowability of expenditure u/s 37 - expenditure on scholarship - there are innovative ways visualized by the professional to make themselves visible in the professional circle and to build their own professional profile for generating higher and value added business - cannot be held to be capital expenditure in nature as no fresh new fixed assets is created by paying the scholarship sum - allowable expenditure

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Allowability of expenditure u/s 37 - expenditure on scholarship ...

Case Laws Income Tax

August 16, 2019

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