Tag Archives: Notification No 35/2025 Income Tax

Expenses Not allowed in Section 37 of Income Tax New Notification No 35/2025 Income Tax

By | April 24, 2025

MINISTRY OF FINANCE (Department Of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 23rd April, 2025 (INCOME-TAX) S.O. 1838(E).—In exercise of the powers conferred by clause (iv) of Explanation 3 of sub-section (1) of section 37 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies that any expenditure incurred… Read More »