Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Allowability of bond issue expenses - The expenses are having definite role in reorganizing the company and thus played a role in enhancing the value of the company. - the bond issue expenses in the case of the assessee are not allowable u/s 37(1) of the Act as revenue expenditure - Deduction u/s 35D(1)(ii) to be examined by the AO - AT
Allowability of bond issue expenses - The expenses are having definite role in reorganizing the company and thus played a role in enhancing the value of the company. - the bond issue expenses in the case of the assessee are not allowable u/s 37(1) of the Act as revenue expenditure - Deduction u/s 35D(1)(ii) to be examined by the AO - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
Join Channel 
