Asset management company expenses u/s 37 are allowable post-SEBI approval and Companies Act registration.

Asset management company expenses u/s 37 are allowable post-SEBI approval and Companies Act registration. https://www.taxtmi.com/highlights?id=45408 Allowability of expenses u/s 37 - asset management company - twin conditions, firstly that the tax- payer company should be registered under the Companies Act, 1956 and secondly it should be approved as such by SEBI - expenses allowable from date of approval by SEBI en-us Wed, 27 Mar 2019 06:08:19 +0530 Wed, 27 Mar 2019 06:08:19 +0530 TaxTMI RSS Generator Asset management company expenses u/s 37 are allowable post-SEBI approval and Companies Act registration. https://www.taxtmi.com/highlights?id=45408 Allowability of expenses u/s 37 - asset management company - twin conditions, firstly that the tax- payer company should be registered under the Companies Act, 1956 and secondly it should be approved as such by SEBI - expenses allowable from date of approval by SEBI Highlights Income Tax Wed, 27 Mar 2019 06:08:19 +0530 https://www.taxtmi.com/highlights?id=45408