Indian Branch Expenses by Head Office Must Be Allowed Under IT Act Section 37(1), Irrespective of Section 44C.

Indian Branch Expenses by Head Office Must Be Allowed Under IT Act Section 37(1), Irrespective of Section 44C. https://www.taxtmi.com/highlights?id=4810 Once the amount is found to be incurred exclusively by H.O. towards the Indian branch, the same is required to be allowed in terms of section 37(1) without any reference to section 44C. - AT en-us Tue, 14 Aug 2012 08:39:45 +0530 Tue, 14 Aug 2012 08:39:45 +0530 TaxTMI RSS Generator Indian Branch Expenses by Head Office Must Be Allowed Under IT Act Section 37(1), Irrespective of Section 44C. https://www.taxtmi.com/highlights?id=4810 Once the amount is found to be incurred exclusively by H.O. towards the Indian branch, the same is required to be allowed in terms of section 37(1) without any reference to section 44C. - AT Highlights Income Tax Tue, 14 Aug 2012 08:39:45 +0530 https://www.taxtmi.com/highlights?id=4810