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Income Tax - Highlights / Catch Notes

Home Highlights May 2015 Year 2015 This

Expenditure incurred by the assessee towards the procurement of ...

Case Laws     Income Tax

May 1, 2015

Expenditure incurred by the assessee towards the procurement of technical know how by paying a lumpsum consideration for use in the course of business is a revenue expenditure falling u./s 37 and the provisions of Section 35 AB are not applicable - HC

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