Computation of capital gains - The expenditure incurred in ...

Joint Development Agreement Expenses Are Business Costs, Not Capital Asset Improvements, Even if Project Fails.

December 2, 2015

Case Laws Income Tax AT

Computation of capital gains - The expenditure incurred in pursuant to or as an obligation under the Joint Development Agreement can be claimed as business expenditure despite the fact that the said Joint Development project could not materialize - the expenditure incurred subsequent to JDA cannot be treated as the expenditure incurred for improvement of the capital asset in question - AT

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Computation of capital gains - The expenditure incurred in ...

Joint Development Agreement Expenses Are Business Costs, Not Capital Asset Improvements, Even if Project Fails.

December 2, 2015

Case Laws Income Tax AT

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