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Income Tax - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

The expenditure is incurred for the purpose of expansion of ...


Capital Expansion Costs Classified as Capital Expenditure, Not Revenue Expenditure.

June 14, 2016

Case Laws     Income Tax     AT

The expenditure is incurred for the purpose of expansion of capital and therefore cannot be treated as revenue expenditure. - AT

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