Expenditure on civil defence measures to be treated as revenue expenditure

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..... diture. Attntion is invited to Board's Circular letter No. 10/22/65-ITA. I dated 24-5-1965 (copy enclosed)* on the subject, wherein it was conveyed that expenditure on certain specified civil defence measures incurred by business concerns during emergency should be treated as revenue expenditure and allowed. 2. It has been represented now that benefit of deduction, etc., allowed in the above c .....

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