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Income Tax - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Shifting expenditure incurred by the assessee is for carrying on ...


Taxpayer's Relocation Costs Classified as Revenue Expenditure for Business Purposes, Deemed Necessary and Wholly Exclusive.

November 29, 2015

Case Laws     Income Tax     AT

Shifting expenditure incurred by the assessee is for carrying on its business operation and the same is incurred wholly and exclusively for the purpose of business and has to be treated as revenue expenditure - AT

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