Exp. on partner’s foreign education allowable as firm secured several contracts due to expertise acquired by partner

INCOME TAX : Expenditure incurred by assessee-firm on partner’s foreign education was to be allowed when post graduate course underwent by said partner was directly related to profession carried on by firm and several important contracts were secured by firm, which firm attributed to educational qualification and expertise acquired by said partner abroadINCOME TAX : Expenditure incurred by assessee-firm on partner’s foreign education was to be allowed when post graduate course underwent by said partner was directly related to profession carried on by firm and several important contracts were secured by firm, which firm attributed to educational qualification and expertise acquired by said partner abroadwww.taxmann.com Latest Case LawsRead More

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