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Income Tax - Highlights / Catch Notes

Home Highlights October 2012 Year 2012 This

Capital or revenue expenditure - payment of custom duty for de ...


Customs Duty for Debonding Treated as Capital Expenditure, Increases Asset Value for Tax Calculations.

October 16, 2012

Case Laws     Income Tax     AT

Capital or revenue expenditure - payment of custom duty for de bonding increases value of the asset and it is required to be added to the costs or written down value - AT

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