Court held that service charges paid to employees in terms of agreement entered into under Industrial Disputes Act is held to be allowable . ( AY.2013-14, 2014-15)
New Woodlands Hotel Pvt. Ltd. v. ACIT (2020) 428 ITR 492/ 274 Taxman 468/196 DTR 449 (Mad) (HC)
S.37(1 ) : Business expenditure — Service charges paid to employees in terms of agreement entered into under Industrial Disputes Act — Held to be allowable .[ Industrial Disputes Act, 1947, S 18(1) ]