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Posts tagged "Deduction towards consultancy fees for strategy"

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Tag: Deduction towards consultancy fees for strategy

Income Tax

No disallowance of provisions made by assessee in previous as well as subsequent assessment years: No disallowance can be done in the current year

August 16, 2021 0 Comments
No disallowance of provisions made by assessee in previous as well as subsequent assessment years: No disallowance can be done in the current year Telco Construction Equipment Co. Ltd [2021] 127 taxmann.com 488 (Karnataka) Short Overview of the case:  Where assessee claimed expenses on account ...
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Income Tax

Consultancy fees paid for studying & preparing a strategy to reduce cost of production is eligible for deduction: HC

July 29, 2021 0 Comments
Consultancy fees paid for studying & preparing a strategy to reduce cost of production is eligible for deduction: HC   Telco Construction Equipment Co. Ltd [2021] 127 taxmann.com 488 (Karnataka) Short Overview of the case: Where assessee claimed expenses on account of consultancy fee paid for ...
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