Allowability of consultancy fees - financial advisory services ...
Consultancy Fees for Loan Restructuring Considered Revenue Expenditure, Not Linked to Capital Base Expansion.
July 5, 2019
Case Laws Income Tax HC
Allowability of consultancy fees - financial advisory services for restructuring of its loan which able to reduce the interest rate - expenditure incurred had nothing to do with the expansion of the capital base of the company - it was for restructuring of its loan and was by way of a revenue expenditure
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