In a major relief to the IPL cricket team, Royal Challengers, Bangalore, the Income Tax Appellate Tribunal (ITAT) has held that the expenses incurred by the Company, for construction of Cricket Academy is deductible as the business expenditure from their total income as the same was incurred was for business purpose. During the relevant assessment […]
The post Expense Incurred by Royal Challengers for construction of Cricket Academy is Deductible from Income: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
from Taxscan | Simplifying Tax Laws https://ift.tt/2JYTUuU
No comments:
Post a Comment