TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Amendment to Section 37: Restrictions on Advertising, Accommodation, and Travel Expenses for Taxpayers Post-March 1964</h1> In the Finance Act of 1964, an amendment was made to section 37 of the Income-tax Act. A new sub-section (3) was added, stating that any expenditure incurred by a taxpayer after March 31, 1964, on advertising, maintaining residential accommodations (including guest houses), or travel-related expenses (such as hotel costs) for employees or others will only be allowed to the extent and under conditions prescribed by regulations.
TaxTMI 
