Social Welfare Expenditure for Flood Victims' Housing is Deductible u/s 37(1) of the Income Tax Act.

Social Welfare Expenditure for Flood Victims' Housing is Deductible u/s 37(1) of the Income Tax Act. https://www.taxtmi.com/highlights?id=54502 Disallowing social welfare expenditure - expenditure incurred under the head Social Welfare Expenditure for construction of houses to flood victims is in the nature of expenditure incurred wholly and exclusively for the purpose of business and deductible u/s 37(1) - AT en-us Thu, 27 Aug 2020 11:34:22 +0530 Thu, 27 Aug 2020 11:34:22 +0530 TaxTMI RSS Generator Social Welfare Expenditure for Flood Victims' Housing is Deductible u/s 37(1) of the Income Tax Act. https://www.taxtmi.com/highlights?id=54502 Disallowing social welfare expenditure - expenditure incurred under the head Social Welfare Expenditure for construction of houses to flood victims is in the nature of expenditure incurred wholly and exclusively for the purpose of business and deductible u/s 37(1) - AT Highlights Income Tax Thu, 27 Aug 2020 11:34:22 +0530 https://www.taxtmi.com/highlights?id=54502