Monday, December 30, 2019

Actual Payment of Business Expenditure in the relevant Accounting Year not mandatory for claiming Deduction: Kerala HC [Read Judgment]

The Kerala High Court has ruled that, Actual Payment of Business Expenditure in the relevant Accounting Year not mandatory for claiming Deduction. The appeal is filed by the revenue before the Kerala High Court and the question in consideration is expenditure to be incurred in future in respect of a liability that accrued during the […]

The post Actual Payment of Business Expenditure in the relevant Accounting Year not mandatory for claiming Deduction: Kerala HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.



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