Deduction on account of prior period expenditure - the said ...
Income Tax Appeal: Deductions for Staff Incentives, Contractor Fees, and Power Supplier Arrears Approved by CIT(A) as Recurring.
May 20, 2021
Case Laws Income Tax AT
Deduction on account of prior period expenditure - the said expenditures are mainly in the nature of incentives payable to staff, payment of fees to contractors, payment of arrears to suppliers of power etc. - As CIT-A had deleted the said disallowance by stating that this is a recurring issue from earlier years - Order of CIT(A) confirmed - AT
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