https://www.taxtmi.com/highlights?id=41120 Disallowance of school expenses - contribution for the running of the FACT School - an expenditure for the smooth functioning of the business of the assessee and an expenditure wholly and exclusively for the welfare of the employees of the assessee and thus, allowable under section 37(1) as well as section 40A(10) of the Act. en-us Thu, 30 Aug 2018 08:04:20 +0530 Thu, 30 Aug 2018 08:04:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=41120 Disallowance of school expenses - contribution for the running of the FACT School - an expenditure for the smooth functioning of the business of the assessee and an expenditure wholly and exclusively for the welfare of the employees of the assessee and thus, allowable under section 37(1) as well as section 40A(10) of the Act. Highlights Income Tax Thu, 30 Aug 2018 08:04:20 +0530 https://www.taxtmi.com/highlights?id=41120