Expenses After Business Closure Allowed as Deductions for Sales Tax Litigation and Corporate Status Maintenance.

Expenses After Business Closure Allowed as Deductions for Sales Tax Litigation and Corporate Status Maintenance. https://www.taxtmi.com/highlights?id=23733 Payment of legal and professional expenses after closer of business - since these expenses were related to the sales tax litigation and for maintaining corporate status it can be said that those were related to the business of the assessee and were rightly allowed. - AT en-us Sat, 11 Jul 2015 06:07:43 +0530 Sat, 11 Jul 2015 06:07:43 +0530 TaxTMI RSS Generator Expenses After Business Closure Allowed as Deductions for Sales Tax Litigation and Corporate Status Maintenance. https://www.taxtmi.com/highlights?id=23733 Payment of legal and professional expenses after closer of business - since these expenses were related to the sales tax litigation and for maintaining corporate status it can be said that those were related to the business of the assessee and were rightly allowed. - AT Highlights Income Tax Sat, 11 Jul 2015 06:07:43 +0530 https://www.taxtmi.com/highlights?id=23733