Relevant section: 37(1) and 57(iii)
Last updated: 27 September 2008
Court :
supreme court
Brief :
2. Are refunds of liquidated damages made, not voluntarily but solely to comply with the directions of an authority, allowable as deduction?
Mahanagar Telephone Nigam Ltd. In re (2006)
Relevant section: 37(1) and 57(iii)
Citation :
2. Are refunds of liquidated damages made, not voluntarily but solely to comply with the directions of an authority, allowable as deduction?
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Mr. PURNA P
Published in Income Tax
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