Revenue expenditure treatment for civil defence measures allows allowable deductions when reasonably incurred even outside emergencies. Expenditure by business concerns on civil defence measures specified in the Board's earlier circular is to be treated as revenue expenditure; such expenditure incurred even when there is no emergency will be allowable to the extent found reasonable and in the manner indicated in the prior circular.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Revenue expenditure treatment for civil defence measures allows allowable deductions when reasonably incurred even outside emergencies.
Expenditure by business concerns on civil defence measures specified in the Board's earlier circular is to be treated as revenue expenditure; such expenditure incurred even when there is no emergency will be allowable to the extent found reasonable and in the manner indicated in the prior circular.
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