Nature of franchise expenses – it was not an expenditure ...

Court Classifies Franchise Expenses as Revenue Expenditures, Not Capital, Enabling Business Profitability.

August 12, 2014

Case Laws Income Tax HC

Nature of franchise expenses – it was not an expenditure incurred for acquisition of source of profit, but enabled the assessee to run the business profitably - held as revenue expenditure - HC

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Nature of franchise expenses – it was not an expenditure ...

Court Classifies Franchise Expenses as Revenue Expenditures, Not Capital, Enabling Business Profitability.

August 12, 2014

Case Laws Income Tax HC

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