Disallowance of homologation expenditure - approval of technical ...

Homologation Expenses for Vehicle Variations: ARAI Approval Required for Initial and Random Checks to Ensure Compliance.

August 9, 2019

Case Laws Income Tax AT

Disallowance of homologation expenditure - approval of technical variation in any existing vehicle or any of the components - it were not only the initial stage for which specifications need to be approved from ARAI but even for the existing vehicles, random checks were made that the assessee was manufacturing the same in conformity with the procedure laid down - laid out was for smooth running of business hence the revenue expenditure

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Disallowance of homologation expenditure - approval of technical ...

Homologation Expenses for Vehicle Variations: ARAI Approval Required for Initial and Random Checks to Ensure Compliance.

August 9, 2019

Case Laws Income Tax AT

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