The Income Tax Appellate Tribunal (ITAT) Hyderabad Bench has held that the social welfare expenses incurred at the workplace and nearby villages are allowable deductions u/s 37(1). The appellant, NACL Industries Limited, is a company engaged in the business of manufacturing and trading Agro chemicals and pesticides. During the scrutiny assessment, the Assessing Officer made…
Taxscan Premium
Why should you subscribe?
- Enjoy our website without interruptions from advertisements
- Receive Daily newsletters
- Receive realtime Telegram/Whatsapp news updates
- Download original Judgements / Order / Notifications / Circulars, etc
- Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
₹1199 + GST for 1 year
Subscribe Now
Already Subscribed?
Login Now 
