Allocating unallocable expenses to each segment in proportion to ...

Case Laws Income Tax

May 2, 2019

Allocating unallocable expenses to each segment in proportion to segmental turnover to total turnover - all common expenses cannot be apportioned in the universal ratio of sales or gross revenue from different segments, each having its own separate features and characteristics - One can logically make allocation depending upon the nature of expenses and appropriate allocation key.

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Allocating unallocable expenses to each segment in proportion to ...

Case Laws Income Tax

May 2, 2019

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