Wednesday, 22 January 2014

UNDERSTANDING DISALLOWANCE UNDER SECTION 40 OF INCOME TAX ACT, 1961 WITH LATEST CASE LAWS.

The posting had been move to another website. Please click the link below to get the access of the same  


https://taxofindia.wordpress.com/2015/11/26/understanding-disallowance-under-section-40-of-income-tax-act-1961-with-latest-case-laws/ 



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Supreme Court ruling holds non-compete fee is allowable as revenue expenditure

  The Hon’ble Supreme Court settled the long-standing controversy surrounding the tax treatment of non-compete fees and, based on the facts ...