Tag Archives: Railway Assets

Deduction of Expenses of Payment to Indian Railways w.e.f AY 2017-18

By | October 16, 2016

Deduction of Expenses of Payment to Indian Railways Key points of Deduction of Expenses of Payment to Indian Railways Any payment made to Indian Railways for the use of railway assets made on or after 1-4-2016 would be allowable only on actual payment, irrespective of the year in which the liability is incurred; and, where the… Read More »