Stamp Duty paid by Fiserv India for Lease of Business Premises is Revenue Expenditure: ITAT [Read Order]

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has recently allowed a deduction to Fiserv India and held that the amount of stamp duty paid for obtaining the business premises on lease is deductible under section 37 of the Income Tax Act, 1961. The assessee is a company engaged in the business of […]

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