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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

To solve the knotty issue of capital/revenue expenditure the aim ...

Case Laws     Income Tax

March 20, 2018

To solve the knotty issue of capital/revenue expenditure the aim and object of the expenditure is to be considered not the quantum. - entries made in the books of accounts do not decide the true nature of expenditure. - AT

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