Private Company Allowed Expense Deductions Despite No Business Activity to Maintain Active Status.

Private Company Allowed Expense Deductions Despite No Business Activity to Maintain Active Status. https://www.taxtmi.com/highlights?id=38706 Disallowance of expenses as no activity was carried on by the assessee - a private limited company being a body corporate has to incur certain expenses to keep its status active - expenditure claimed by the assessee allowed as deduction - AT en-us Mon, 02 Apr 2018 08:18:46 +0530 Mon, 02 Apr 2018 08:18:46 +0530 TaxTMI RSS Generator Private Company Allowed Expense Deductions Despite No Business Activity to Maintain Active Status. https://www.taxtmi.com/highlights?id=38706 Disallowance of expenses as no activity was carried on by the assessee - a private limited company being a body corporate has to incur certain expenses to keep its status active - expenditure claimed by the assessee allowed as deduction - AT Highlights Income Tax Mon, 02 Apr 2018 08:18:46 +0530 https://www.taxtmi.com/highlights?id=38706