Section 44C applies to exclusive expenditure by head office by non resident assessee – SC
December 15, 2025
Income Tax, Supreme Court
Section 44C applies to exclusive expenditure on head office for the Indian branches incurred by non resident assessee’s. In a recent judgment, Hon’ble Supreme Court has held that Section 44C of Income Tax Act is not limited to mere common expenditure incurred by the head office attributable to …