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Income Tax - Highlights / Catch Notes

Home Highlights January 2016 Year 2016 This

Expenses relating to setting up of new service lines - revenue ...


New Service Line Expenses Classified as Revenue, Recovered Through Normal Billing Cycle of Assessee.

January 30, 2016

Case Laws     Income Tax     AT

Expenses relating to setting up of new service lines - revenue v/s capital - all these expenses have been recovered subsequently in the normal billing cycle of the assessee - held as revenue in nature - AT

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