Expenditure towards bank charges - revenue or capital - when did ...

High Court to Decide if Bank Charges are Revenue or Capital Based on Business Establishment Date.

July 16, 2016

Case Laws Income Tax HC

Expenditure towards bank charges - revenue or capital - when did business is set up? - That eventuality cannot arise unless the business has actually been set up. Business was admittedly set up on 7th May, 2006 when it started its business, or may be on 6th May, 2006 when it was ready for starting its business - HC

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Expenditure towards bank charges - revenue or capital - when did ...

High Court to Decide if Bank Charges are Revenue or Capital Based on Business Establishment Date.

July 16, 2016

Case Laws Income Tax HC

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