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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Disallowance of deferred revenue expenditure in the aggregate ...


Court Upholds Disallowance of Deferred Revenue Expenditure Not Attributable to Relevant Assessment Year.

August 13, 2015

Case Laws     Income Tax     HC

Disallowance of deferred revenue expenditure in the aggregate incurred towards the product development - AO is correct in disallowing only the expenditure not relatable to the relevant assessment year. - HC

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