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Income Tax - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

Revenue expenditure or capital expenditure - The assessee ...


Bridge Construction Cost for Factory Classified as Revenue Expenditure for Tax Purposes.

October 12, 2013

Case Laws     Income Tax     AT

Revenue expenditure or capital expenditure - The assessee contributed towards part of the expenditure for construction of a bridge to prevent the sea water entering into the factory premises of the assessee - held as revenue expenditure - AT

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