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Intt. on I.T. paid whether business exps. or not

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 March 2011 Dears,

Please provide me information regarding Intt. on I.T. paid is whether business exps. or not.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
14 March 2011 It can't be a business expenditure.Pl refer CIT Vs. Chennai Properties & Investments Ltd (1999) 239 ITR 453 (Mad).
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
14 March 2011 agreed to expert reply
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