Internet Expenses, Labour Charges as Allowable Business Expenses: ITAT [Read Order]

Internet Expenses - Labour Charges - Business Expenses - ITAT - Income Tax - taxscan

The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has allowed the appeal of a company, Icenet Net Ltd., and held that the internet expenses and labour charges incurred by the company were allowable business expenses. The assessee, Icenet Net Ltd is an internet service provider. The assessee claimed two expenses in the assessment year…

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