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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Expenditure incurred on brand creation - Spread of the brand ...


Court Rules Brand Creation Costs as Deferred Revenue, Not Capital Expenditure, Spread Over Five Years.

May 2, 2016

Case Laws     Income Tax     HC

Expenditure incurred on brand creation - Spread of the brand expenses over a period of five years was actually in the nature of deferred revenue expenditure and the question of treating it as capital expenditure did not arise - HC

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