All the four items, namely - Custom duty/expenses on importing ...
Custom Duty, Consultancy, Material, and Labor Costs Classified as Revenue Expenses.
March 9, 2015
Case Laws Income Tax AT
All the four items, namely - Custom duty/expenses on importing of free samples; Consultancy charges; Cost of material used for in-house development transferred from Raw material cost; and Cost of direct labour transferred from labour cost - are in the nature of revenue expenses. - AT
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