The issues pertaining to the allowance of expenditure under the residue provisions of section 37 of the Income-tax Act (the Act) stand very close on heels to capital gain issues in so far as controversy surrounding these provisions are concerned.The issues pertaining to the allowance of expenditure under the residue provisions of section 37 of the Income-tax Act (the Act) stand very close on heels to capital gain issues in so far as controversy surrounding these provisions are concerned.taxmann.com Latest ArticlesRead More
