Taxpayer Payments to Municipal Corporation Not Deductible Under Income Tax Act's Section 37(1) Explanation.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Payment to MCD towards registration, conversion and parking charges - revenue v/s capital - harges paid by the assessee to MCD, could not be allowed in view of explanation to sec. 37(1). - AT....