The “S” in ESG: Navigating the Considerations vis-à-vis Working Hours
by Anshul Prakash* and Archika Dudhwewala**
Employee Welfare
Expenditure on Overburden Removal is Capital Expenditure, hence not deductible under S. 37(1) of Income Tax Act: MP High Court
‘Employee and community welfare expenditures incurred under statutory obligations or National Coal Wage Agreements are allowable business expenses under Section 37(1), being commercially expedient.’