Deduction on account of washout charges - cancellation of ...

Deduction Approved for Washout Charges on Expired Contract Cancellation, Payment to LD Asia Permitted by RBI.

November 2, 2019

Case Laws Income Tax AT

Deduction on account of washout charges - cancellation of expired contract - The permission had been awarded by the RBI, consequent to which only the assessee made the payment to LD Asia. - Claim of deduction allowed.

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Deduction on account of washout charges - cancellation of ...

Deduction Approved for Washout Charges on Expired Contract Cancellation, Payment to LD Asia Permitted by RBI.

November 2, 2019

Case Laws Income Tax AT

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