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Income Tax - Highlights / Catch Notes

Home Highlights June 2013 Year 2013 This

Quota written off - Licence / quota which was for a limited ...


Three-Year License Written Off as Revenue Benefit, Despite Enduring Advantage for Assessee.

June 15, 2013

Case Laws     Income Tax     AT

Quota written off - Licence / quota which was for a limited period of three years - though assessee had obtained enduring benefit, held as revenue in nature - AT

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