Court Permits Deduction of Service Tax with Interest Under Income Tax Act Section 37(1) for Business Expenses.

Court Permits Deduction of Service Tax with Interest Under Income Tax Act Section 37(1) for Business Expenses. https://www.taxtmi.com/highlights?id=18292 Allowability of deduction u/s 37(1) of the Act - Amount of service tax included with interest – expenses have direct nexus with the business operation - expense allowed - HC en-us Thu, 24 Apr 2014 10:06:54 +0530 Thu, 24 Apr 2014 10:06:54 +0530 TaxTMI RSS Generator Court Permits Deduction of Service Tax with Interest Under Income Tax Act Section 37(1) for Business Expenses. https://www.taxtmi.com/highlights?id=18292 Allowability of deduction u/s 37(1) of the Act - Amount of service tax included with interest – expenses have direct nexus with the business operation - expense allowed - HC Highlights Income Tax Thu, 24 Apr 2014 10:06:54 +0530 https://www.taxtmi.com/highlights?id=18292