The Gujarat High Court has held that the lawyer fee / legal assistance expenditure taken by the assessee on day to day basis for the purpose of business can be treated as revenue expenditure, deductable from Taxable Income. According to the facts, the disallowance towards interest expenditure was worked out to Rs.2,77,28,566/- by applying the […]
The post Lawyer Fee can be deducted from Taxable Income: Gujarat High Court [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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