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Income Tax - Highlights / Catch Notes

Home Highlights October 2014 Year 2014 This

Expenses on prototype development expenses u/s 36(1)(iv) - ...

Case Laws     Income Tax

October 15, 2014

Expenses on prototype development expenses u/s 36(1)(iv) - Revenue or Capital expenses - The test of enduring benefit is not a certain or conclusive test and it cannot be applied blindly and mechanically - HC

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