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Exp. incurred on education of director’s son having no nexus with business couldn’t be allowed: HC
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Corporate Tax
Exp. incurred on education of director’s son having no nexus with business couldn’t be allowed: HC
Posted on
on
September 6, 2018
Tenet Tax Daily September 06 2018
By
tenettax-team
Corporate Tax
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ITAT justified categorization of fees for use of trademark as capital exp. as it was having an enduring benefit
No sec. 54F relief if conveyance deed for sale of land was executed after 2 years from purchase of new house
