Taxpayer Damages to Microsoft for Unauthorized Software Use Allowed as Business Expense u/s 37(1) of Income Tax Act.

Taxpayer Damages to Microsoft for Unauthorized Software Use Allowed as Business Expense u/s 37(1) of Income Tax Act. https://www.taxtmi.com/highlights?id=41665 Claim of expenditure - Damages paid by the assessee to Microsoft Corporation USA for unauthorized use of software / operating system - the payment of such damages is allowable business expenditure u/s. 37(1) en-us Wed, 26 Sep 2018 16:37:14 +0530 Wed, 26 Sep 2018 16:37:14 +0530 TaxTMI RSS Generator Taxpayer Damages to Microsoft for Unauthorized Software Use Allowed as Business Expense u/s 37(1) of Income Tax Act. https://www.taxtmi.com/highlights?id=41665 Claim of expenditure - Damages paid by the assessee to Microsoft Corporation USA for unauthorized use of software / operating system - the payment of such damages is allowable business expenditure u/s. 37(1) Highlights Income Tax Wed, 26 Sep 2018 16:37:14 +0530 https://www.taxtmi.com/highlights?id=41665