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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Expenditure incurred on the issue of Foreign Currency ...

Case Laws     Income Tax

February 13, 2016

Expenditure incurred on the issue of Foreign Currency Convertible Bonds (“FCCB”) - expenditure incurred by the assessee on issue of FCCB is revenue expenditure allowable under section 37(1) of the I.T. Act. - AT

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