Keyman Insurance Policy of a Partner is an Admissible Expenditure u/s 37
Admissibility of expenditure incurred by a Firm on Keyman Insurance Policy in the case of a Partner- Reg. CBDT CIRCULAR No. 38/2016, Dated: November 22, 2016 (F.No.279/Misc./140/2015-ITJ) The issue relating to admissibility of expenditure incurred by a firm on Keyman Insurance Policy premium in the case … Continue Reading →
