CBDT Clarifies: No Tax Deduction on Settlement Costs Under SEBI, Competition Act

Tax Policy Update: CBDT notifies that expenses for settling proceedings under SEBI, Competition Act and others can’t be claimed as business deductions.

CBDT Clarifies: No Tax Deduction on Settlement Costs Under SEBI, Competition Act
Tax Policy Update: CBDT notifies that expenses for settling proceedings under SEBI, Competition Act and others can’t be claimed as business deductions.