Overseas dispute settlement may be treated as expense https://ift.tt/A8aniMD payment made towards settlement of overseas disputes or to prevent litigation for offences that are not serious or criminal in nature could be treated as a business expense and allowed as a deduction, the official said, adding that changes are being examined in Section 37 of the Income-Tax Act.
Tuesday, December 13, 2022
Overseas dispute settlement may be treated as expense | Economic Times
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