Promotion expenses - revenue v/s capital expenditure - even if ...

Court Evaluates Promotion Expenses Classification as Revenue or Capital Expenditure; Disallows Claim for Depreciation Due to Lack of Evidence.

May 25, 2015

Case Laws Income Tax AT

Promotion expenses - revenue v/s capital expenditure - even if to be treated as capital asset, the proof of acquiring the same had to be brought on record - claim of expenses & depreciation disallowed - AT

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Promotion expenses - revenue v/s capital expenditure - even if ...

Court Evaluates Promotion Expenses Classification as Revenue or Capital Expenditure; Disallows Claim for Depreciation Due to Lack of Evidence.

May 25, 2015

Case Laws Income Tax AT

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