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Income Tax - Highlights / Catch Notes

Home Highlights July 2018 Year 2018 This

Expenditure towards acquiring and oping of retail outlets / ...

Case Laws     Income Tax

July 31, 2018

Expenditure towards acquiring and oping of retail outlets / stores - Operations of these stores at various locations is one composite business and once business had been started then the expenditure can not be linked only to the stores which became operational during the year under consideration. - expenses allowed as revenue expenditure.

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