Nature of expenditure - admission fees paid to Stock Exchange - ...

Admission Fees to Stock Exchange Deemed Asset Acquisition, Not Business Expense for Profit Generation.

October 20, 2020

Case Laws Income Tax AT

Nature of expenditure - admission fees paid to Stock Exchange - Assessee has not been able to establish any special circumstances for an opposite conclusion in the present case - expenditure incurred was for acquiring and bringing into existence an asset or advantage of enduring benefit and not for running business to produce more profits. - AT

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Nature of expenditure - admission fees paid to Stock Exchange - ...

Admission Fees to Stock Exchange Deemed Asset Acquisition, Not Business Expense for Profit Generation.

October 20, 2020

Case Laws Income Tax AT

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