Community development expenses u/s 37(1) of the Income Tax Act not deductible if for religious or charitable purposes.

Community development expenses u/s 37(1) of the Income Tax Act not deductible if for religious or charitable purposes. https://www.taxtmi.com/highlights?id=15777 Deductibility of expenditure for community development u/s 37(1) - Charity or allowable expenditure – Expenditure towards the religious funds, charitable institutions, social clubs or for charity do not stand to the test of commercial expediency - HC en-us Thu, 14 Nov 2013 22:53:36 +0530 Thu, 14 Nov 2013 22:53:36 +0530 TaxTMI RSS Generator Community development expenses u/s 37(1) of the Income Tax Act not deductible if for religious or charitable purposes. https://www.taxtmi.com/highlights?id=15777 Deductibility of expenditure for community development u/s 37(1) - Charity or allowable expenditure – Expenditure towards the religious funds, charitable institutions, social clubs or for charity do not stand to the test of commercial expediency - HC Highlights Income Tax Thu, 14 Nov 2013 22:53:36 +0530 https://www.taxtmi.com/highlights?id=15777