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Income Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Expenditure allowable u/s 37 (1) - disallowance ‘Scholarship ...

Case Laws     Income Tax

April 18, 2020

Expenditure allowable u/s 37 (1) - disallowance ‘Scholarship Expenses’ - incurred wholly and exclusively for the purpose of the profession of the appellant or not - the appellant is a well known Supreme Court Lawyer. The agreement with Exeter College, the University of Oxford, exhibited hereinabove, is self-explanatory. - Claim of expenses allowed - AT

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