https://www.taxtmi.com/acts?id=40634 Amendment clarifies that the expression "expenditure incurred by an assessee for any purpose which is an offence or which is prohibited by law" includes expenditure for offences or prohibited acts in India or abroad, expenditure to provide benefits or perquisites whose acceptance violates applicable laws, rules, regulations or guidelines governing the recipient, and expenditure to compound an offence under any law in India or outside India. en-us Mon, 28 Mar 2022 13:12:25 +0530 Mon, 28 Mar 2022 13:12:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40634 Amendment clarifies that the expression "expenditure incurred by an assessee for any purpose which is an offence or which is prohibited by law" includes expenditure for offences or prohibited acts in India or abroad, expenditure to provide benefits or perquisites whose acceptance violates applicable laws, rules, regulations or guidelines governing the recipient, and expenditure to compound an offence under any law in India or outside India. Act-Rules F. Acts / Amendment Acts Mon, 28 Mar 2022 13:12:25 +0530 https://www.taxtmi.com/acts?id=40634