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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Treatment given by AO of the expenses incurred for securing the ...


Expenses for Business Security Deemed Capital; Termination Compensation Viewed as Revenue.

August 25, 2015

Case Laws     Income Tax     AT

Treatment given by AO of the expenses incurred for securing the business as capital expenditure and the receipt of compensation on termination of the agency business as revenue in nature is justified - AT

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