Deduction of expenses u/s 37(1) - employee’s benefit expense - ...

Case Laws Income Tax

October 25, 2019

Deduction of expenses u/s 37(1) - employee’s benefit expense - tax revenue neutrality - if the income is being charged in the hands of the directors in the highest rate bracket taxing the same in the hands of the company would amount to double taxation - CIT(A) rightly deleted the additions.

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Deduction of expenses u/s 37(1) - employee’s benefit expense - ...

Case Laws Income Tax

October 25, 2019

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