Foreign travelling expenses incurred for purchase of Machinery ...

Foreign Travel Costs for Machinery Purchases Classified as Revenue, Not Capital, Expenditure for Business Use Only.

September 6, 2017

Case Laws Income Tax AT

Foreign travelling expenses incurred for purchase of Machinery from outside India cannot be treated as Capital Expenditure rather treated as Revenue Expenditure only for the purpose of business use only.

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Foreign travelling expenses incurred for purchase of Machinery ...

Foreign Travel Costs for Machinery Purchases Classified as Revenue, Not Capital, Expenditure for Business Use Only.

September 6, 2017

Case Laws Income Tax AT

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