Income Tax Appeal: Deductions for Staff Incentives, Contractor Fees, and Power Supplier Arrears Approved by CIT(A) as Recurring.

Income Tax Appeal: Deductions for Staff Incentives, Contractor Fees, and Power Supplier Arrears Approved by CIT(A) as Recurring. https://www.taxtmi.com/highlights?id=58046 Deduction on account of prior period expenditure - the said expenditures are mainly in the nature of incentives payable to staff, payment of fees to contractors, payment of arrears to suppliers of power etc. - As CIT-A had deleted the said disallowance by stating that this is a recurring issue from earlier years - Order of CIT(A) confirmed - AT en-us Thu, 20 May 2021 15:00:39 +0530 Thu, 20 May 2021 15:00:39 +0530 TaxTMI RSS Generator Income Tax Appeal: Deductions for Staff Incentives, Contractor Fees, and Power Supplier Arrears Approved by CIT(A) as Recurring. https://www.taxtmi.com/highlights?id=58046 Deduction on account of prior period expenditure - the said expenditures are mainly in the nature of incentives payable to staff, payment of fees to contractors, payment of arrears to suppliers of power etc. - As CIT-A had deleted the said disallowance by stating that this is a recurring issue from earlier years - Order of CIT(A) confirmed - AT Highlights Income Tax Thu, 20 May 2021 15:00:39 +0530 https://www.taxtmi.com/highlights?id=58046