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Income Tax - Highlights / Catch Notes

Home Highlights October 2014 Year 2014 This

Deferred revenue expenditure - the entries in the books of ...


Deferred Revenue Expenditure: Accounting Records Don't Dictate Tax Obligations or Deductions, Tax Laws Prevail.

October 29, 2014

Case Laws     Income Tax     AT

Deferred revenue expenditure - the entries in the books of account cannot be the basis whether a receipt is taxable or not or whether expenses are allowable as a deduction or not - AT

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