Deduction for Pre-Business Recruitment Expenses Allowed u/s 37(1) Due to Necessity of Skilled Personnel.

Deduction for Pre-Business Recruitment Expenses Allowed u/s 37(1) Due to Necessity of Skilled Personnel. https://www.taxtmi.com/highlights?id=26484 Disallowance of the claim for deduction u/s. 37((1) - recruitment of employees before commencement of business - Undisputedly, this line of business requires expertise who have proficiency in understanding the carats of diamonds and related jewellery, without such recruitment, it would be a futile exercise to commence the business. - expenses allowed - AT en-us Sat, 19 Dec 2015 06:51:49 +0530 Sat, 19 Dec 2015 06:51:49 +0530 TaxTMI RSS Generator Deduction for Pre-Business Recruitment Expenses Allowed u/s 37(1) Due to Necessity of Skilled Personnel. https://www.taxtmi.com/highlights?id=26484 Disallowance of the claim for deduction u/s. 37((1) - recruitment of employees before commencement of business - Undisputedly, this line of business requires expertise who have proficiency in understanding the carats of diamonds and related jewellery, without such recruitment, it would be a futile exercise to commence the business. - expenses allowed - AT Highlights Income Tax Sat, 19 Dec 2015 06:51:49 +0530 https://www.taxtmi.com/highlights?id=26484