Friday, July 3, 2020

Puja Expenses incurred for Smooth functioning of Business of Transport allowable as Deduction: ITAT [Read Order]

puja expenses – business expenses – transport – ITAT – Taxscan (2)The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) has held that the puja expenses incurred by the assessee for the smooth functioning of the business of transport can be treated as ‘business expenses’ for the purpose of allowing income tax deduction. While […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2BEUQGD

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