https://www.taxtmi.com/highlights?id=43913 Allowable expenditure u/s 37(1) - The assessee at the initial stage could not file any reply on this issue. The DRP has given a specific finding that this amount have been incurred on salary advance and other payments which are neither in the nature of trading loss nor the bad debts. en-us Wed, 16 Jan 2019 09:58:12 +0530 Wed, 16 Jan 2019 09:58:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=43913 Allowable expenditure u/s 37(1) - The assessee at the initial stage could not file any reply on this issue. The DRP has given a specific finding that this amount have been incurred on salary advance and other payments which are neither in the nature of trading loss nor the bad debts. Highlights Income Tax Wed, 16 Jan 2019 09:58:12 +0530 https://www.taxtmi.com/highlights?id=43913