No disallowance u/s. 40(a)(ia) as reimbursement of expense considered as receipts and tax paid thereof

Crisil Limited Vs ACIT (ITAT Mumbai) ITAT Mumbai held that disallowance under section 40(a)(ia) of the Income Tax Act unjustified when reimbursement of expenses is considered as receipts in total…

Continue ReadingNo disallowance u/s. 40(a)(ia) as reimbursement of expense considered as receipts and tax paid thereof