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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Research and Development expenditure i.e. G.E.Linear Development ...


R&D Expenditure on G.E. and Eaton Projects Deemed Revenue, Not Capital Asset; Classified as Revenue Expenditure &D.

November 11, 2013

Case Laws     Income Tax     AT

Research and Development expenditure i.e. G.E.Linear Development Expenditure, Eaton Project Development - the expenditure did not reflect that any new capital asset had came into existence - allowed as revenue expenditure - AT

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