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Income Tax - Highlights / Catch Notes

Home Highlights June 2014 Year 2014 This

Expenses on advertisement - creation of brand value - capital or ...


Advertisement Costs for Brand Value Deductible as Revenue Expenditure Under Income Tax Act Section 37(1.

June 30, 2014

Case Laws     Income Tax     AT

Expenses on advertisement - creation of brand value - capital or revenue in nature - it has been rightly treated by it as revenue expenditure, admissible u/s.37(1) of the Act - AT

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