Indian Branch Head Office Expenses Must Be Allowed u/s 37(1), Separate from Shared Expenses in Section 44C.

Indian Branch Head Office Expenses Must Be Allowed u/s 37(1), Separate from Shared Expenses in Section 44C. https://www.taxtmi.com/highlights?id=6046 Head office expenses - Once the amount is found to be exclusive expenditure incurred by the head office towards the Indian branch, the same is required to be allowed in terms of Sec 37(1), without clubbing it with shared head office expenses as per sec. 44C. - AT en-us Sat, 17 Nov 2012 08:33:42 +0530 Sat, 17 Nov 2012 08:33:42 +0530 TaxTMI RSS Generator Indian Branch Head Office Expenses Must Be Allowed u/s 37(1), Separate from Shared Expenses in Section 44C. https://www.taxtmi.com/highlights?id=6046 Head office expenses - Once the amount is found to be exclusive expenditure incurred by the head office towards the Indian branch, the same is required to be allowed in terms of Sec 37(1), without clubbing it with shared head office expenses as per sec. 44C. - AT Highlights Income Tax Sat, 17 Nov 2012 08:33:42 +0530 https://www.taxtmi.com/highlights?id=6046