TMI BlogAdvertisement Costs for Brand Value Deductible as Revenue Expenditure Under Income Tax Act Section 37(1.Expenses on advertisement - creation of brand value - capital or revenue in nature - it has been rightly treated by it as revenue expenditure, admissible u/s.37(1) of the Act - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|