Prior period expenditure - recognition on the basis of ...
Deduction for Prior Period Expenditure Allowed in Assessment Year 2006-07, Not in 2007-08.
July 13, 2012
Case Laws Income Tax AT
Prior period expenditure - recognition on the basis of finalization of negotiations - deduction is not permissible in assessment year 2007-08, but, it is permissible in assessment year 2006-07 - AT
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