Tag Archives: ITAT allows Harish Salve’s claim: Monetary help to students to pursue law at Oxford is ‘expenditure incurred for profession’ under Income Tax Act [Read Order]

ITAT allows Harish Salve’s claim: Monetary help to students to pursue law at Oxford is ‘expenditure incurred for profession’ under Income Tax Act [Read Order]

On 24th Feb 2021, the Income Tax Appellate Tribunal in the case of Harish N. Salve v. ACIT comprising of Shri R.K. Panda (Accountant Member) and Shri K. Narasimha Chary (Judicial Member) allows Harish Salve’s claim and stated that Monetary help to students to pursue law at Oxford is “expenditure incurred for profession” under Income Tax… Read More »