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Income Tax - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

Revenue versus Capital expenditure - The expenditure incurred ...


Purchasing a printer, scanner, and webcam is not classified as replacing spare or defective computer parts.

July 20, 2012

Case Laws     Income Tax     AT

Revenue versus Capital expenditure - The expenditure incurred on Printer, Scanner and Web Camare cannot be said to be replacement of the spares /defective parts of the computer- AT

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