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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