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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Revenue expenditure vs. capital expenditure - assessee being in ...


Court Rules Hotel's Interior Decoration Costs as Revenue Expenditure, Enhancing Customer Comfort.

September 28, 2012

Case Laws     Income Tax     AT

Revenue expenditure vs. capital expenditure - assessee being in hotel industry, the expenditure incurred for interior decoration with a view to provide a comfortable stay to customers, the expenditure was nothing but revenue expenditure - AT

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