Product Development expenditure - Development of new product - ...

New Product Development Costs Classified as Revenue Expenses, Approved for Tax Purposes in Business Expansion Case.

September 21, 2013

Case Laws Income Tax AT

Product Development expenditure - Development of new product - AIt was a case of expansion of existing business of the assessee of manufacturing liners by diversifying the existing products using different materials for making the same suitable for even other applications. - expenses allowed as revenue in nature - AT

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Product Development expenditure - Development of new product - ...

New Product Development Costs Classified as Revenue Expenses, Approved for Tax Purposes in Business Expansion Case.

September 21, 2013

Case Laws Income Tax AT

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