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Income Tax - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

Acquisition of brand - Payment made for Legal and professional ...


Legal Fees for Brand Acquisition Deemed Revenue Expenses, Not Capital Expenditure.

July 24, 2014

Case Laws     Income Tax     AT

Acquisition of brand - Payment made for Legal and professional fees – expenditure were in the nature of revenue and could not be disallowed as capital expenditure - AT

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