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Income Tax - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

Addition on account of purchase of data packages on the ground ...


Data Package Purchase: Revenue Expenses Cannot Be Deferred Revenue Expenditure.

February 6, 2019

Case Laws     Income Tax     AT

Addition on account of purchase of data packages on the ground that the same amounts to deferred revenue expenditure - when the incurrence of such expenses are admittedly of revenue nature, the same cannot be considered as deferred revenue expenditure.

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