TMI BlogThe audit report cannot replace the provisions of law and the principles laid down by the Hon’ble...The audit report cannot replace the provisions of law and the principles laid down by the Hon’ble Court’s. - the assessee is entitled for the deduction of the expenses incurred on the study/feasibility report on the existing business being revenue in nature. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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