https://www.taxtmi.com/caselaws?id=263007 Infrastructure expenditure on underbridges, bridges, flyovers and sewerage works may qualify as business expenditure where incurred within a development authority's operational area, approved by the competent authority, and connected with planned development and civic amenities. Welfare fund payments linked to property sales may also be allowable where mandated by State notification. External development charges collected as a custodial agency require examination of the statutory scheme, accounting treatment and liability to Government or local authorities. Refundable deposits require verification of their refundable character, while flat instalments must follow the accounting method with matching expenditure. Provident fund treatment depends on the applicable special rules and verification of employee-share payment conditions. en-us Thu, 05 Feb 2015 00:00:00 +0530 Fri, 21 Aug 2015 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263007 Infrastructure expenditure on underbridges, bridges, flyovers and sewerage works may qualify as business expenditure where incurred within a development authority's operational area, approved by the competent authority, and connected with planned development and civic amenities. Welfare fund payments linked to property sales may also be allowable where mandated by State notification. External development charges collected as a custodial agency require examination of the statutory scheme, accounting treatment and liability to Government or local authorities. Refundable deposits require verification of their refundable character, while flat instalments must follow the accounting method with matching expenditure. Provident fund treatment depends on the applicable special rules and verification of employee-share payment conditions. Case-Laws Income Tax Thu, 05 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263007