Expenses for Mawa Unit Expansion Allowed u/s 37 as Business Expansion, Not New Industry Establishment.

Expenses for Mawa Unit Expansion Allowed u/s 37 as Business Expansion, Not New Industry Establishment. https://www.taxtmi.com/highlights?id=45941 Allowable expenditure u/s 37 - assessee in the business of Milk products - set up unit for production of Mawa being also a milk product is a case of expansion of existing business and not a case of setting up of new industry - related expenses duly allowable en-us Wed, 17 Apr 2019 16:32:46 +0530 Wed, 17 Apr 2019 16:32:46 +0530 TaxTMI RSS Generator Expenses for Mawa Unit Expansion Allowed u/s 37 as Business Expansion, Not New Industry Establishment. https://www.taxtmi.com/highlights?id=45941 Allowable expenditure u/s 37 - assessee in the business of Milk products - set up unit for production of Mawa being also a milk product is a case of expansion of existing business and not a case of setting up of new industry - related expenses duly allowable Highlights Income Tax Wed, 17 Apr 2019 16:32:46 +0530 https://www.taxtmi.com/highlights?id=45941