Meaning of tax terms

Meaning of “As required by or under any other law”

Posted on by Prashant Thakur

Case Name : Maharashtra state warehousing corporation vs. Dy. Cit 

Citation : [2013] 38 taxmann.Com 328/24 itr (trib.) 595 (Pune)

Court : ITAT Pune

Section :40a

Meaning : Contribution made by the employer towards karamchari (employee) welfare fund falls within expression ‘as required by or under any other law’ for purpose of section 40a(9).

Prashant Thakur

The author has spent more than 30 years in the field of taxation. Wrote four books -3 on on Indian Tax Law and 1 on US tax law for cryptocurrency. Apart from https:taxworry.com , he also writes on https://irstaxapp.com which is for US tax laws. He is a tech enthusiast and manages a cloud computing company that publishes innovative software.

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