Consultancy fee incurred in relation to plant and machinery - ...
Consultancy Fee for Plant & Machinery: 70% Classified as Capital Expenditure, Eligible for Depreciation.
January 25, 2017
Case Laws Income Tax AT
Consultancy fee incurred in relation to plant and machinery - revenue v/s capital expenditure - AO directed to consider the 70% of the payment on consultancy fee as capital expenditure for inclusion under the block of asset of plant and machinery and allow the depreciation accordingly - AT
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