Expenditure incurred for the purpose of acquiring know-how was ...

Income Tax Act Section 35AB: Deduct One-Sixth of Lump Sum for Know-How Acquisition Expenditure.

December 7, 2011

Case Laws Income Tax HC

Expenditure incurred for the purpose of acquiring know-how was required to be treated only in accordance with Section 35AB and the deduction that was allowable was one-sixth of the amount paid as lump sum consideration for acquiring the know-how .... - HC

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Expenditure incurred for the purpose of acquiring know-how was ...

Income Tax Act Section 35AB: Deduct One-Sixth of Lump Sum for Know-How Acquisition Expenditure.

December 7, 2011

Case Laws Income Tax HC

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