About this document
Income Tax Expenditure Notification 2025 by cftiaudit is a document available to read on EtoBox.
The Central Government has issued a notification stating that expenditures incurred to settle legal proceedings related to specific laws will not be considered business expenses under the Income-tax Act, 1961. The laws mentioned include the Securities and Exchange Board of India Act, the Securities Contracts (Regulation) Act, the Depositories Act, and the Competition Act. This notification is effective from the date of its publication in the Official Gazette.
- Author
- cftiaudit
- Language
- EN