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Income Tax - Highlights / Catch Notes

Home Highlights November 2011 Year 2011 This

Purchase of moulds - that finding of the Tribunal to the effect ...


Tribunal Rules Replacement of Moulds as Revenue Expenditure; Decision Stands Unchallenged.

November 15, 2011

Case Laws     Income Tax     HC

Purchase of moulds - that finding of the Tribunal to the effect that the expenditure in question was incurred by the assessee on the ‘replacement’ of the moulds is not under challenge - held as revenue expenditure.... - HC

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