Income under the head pgbp

This query is : Resolved 

04 April 2013 why expenses of income tax proceedings are allowed as deduction under the head pgbp

25 May 2013 This is allowed because the Income Tax Act has provided the provisions of Section 288 under which CA can be appointed and they help the Income Tax Department in getting the assessments completed and that is why to get the work done more smoothly the expense is allowed otherwise in each and every case there will be appeal and it will be never ending matter. This is beneficial both for the Income Tax Department as well as the tax payer.


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