Brand lab and registration charges – Capital expenses or not – ...
Brand Lab & Registration Fees Classified as Revenue Expenses, Not Capital; No New Asset Created or Enduring Benefit Provided.
June 4, 2014
Case Laws Income Tax AT
Brand lab and registration charges – Capital expenses or not – expenditure is revenue in nature as it does not bring into existence any new asset or benefit of enduring nature but these are recurring annual charges/renewal fee - AT
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