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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Claim of business expenditure u/s 37(1) - concept of Revenue ...

Case Laws     Income Tax

October 13, 2018

Claim of business expenditure u/s 37(1) - concept of Revenue Recognition - assessee had not set up the business during the relevant previous year - advertisement & business promotion expenses - expenses to the extent it relates to corporate brand identity exercise and logo design should be allowed as revenue deduction

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