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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Disallowance of non-compete fees - Capital or revenue ...


Non-compete fees disallowed as capital expenditure but depreciation allowed.

September 20, 2013

Case Laws     Income Tax     AT

Disallowance of non-compete fees - Capital or revenue expenditure - expenditure has to be disallowed as capital expenditure - however depreciation to be allowed - AT

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