Ownership of trademark did not rest wholly or partly with the ...

Trademark Payments Deemed Capital, Not Allowable as Revenue Expenditure or Depreciable Asset u/ss 37(1) and 32(1).

May 8, 2014

Case Laws Income Tax AT

Ownership of trademark did not rest wholly or partly with the Assessee and the payment were of enduring benefit and capital is in nature and therefore it was neither allowable u/s 37(1) as Revenue expenditure nor qualified for depreciation u/s 32(1) - AT

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Ownership of trademark did not rest wholly or partly with the ...

Trademark Payments Deemed Capital, Not Allowable as Revenue Expenditure or Depreciable Asset u/ss 37(1) and 32(1).

May 8, 2014

Case Laws Income Tax AT

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