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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Capital or revenue expenditure - the expenditure incurred by ...


Expenses for New Manufacturing Unit in China Deemed Capital Due to Enduring Benefits.

August 10, 2015

Case Laws     Income Tax     AT

Capital or revenue expenditure - the expenditure incurred by the assessee for the purpose of establishing a new manufacturing unit in China and the expenses incurred for feasibility status of the company given enduring benefit to the company which proposed to be established by the assessee - held as capital in nature - AT

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