Nature of expenses - technology recharge cost - If the advantage ...

Case Laws Income Tax

August 10, 2021

Nature of expenses - technology recharge cost - If the advantage consists merely in facilitating the assessee's trading operations or enabling the management and conduct of the assessee's business to be carried on more effectively or more profitably while leaving the fixed capital untouched, the expenditure would be on revenue account, even though the advantage may endure for an indefinite future - AT

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Nature of expenses - technology recharge cost - If the advantage ...

Case Laws Income Tax

August 10, 2021

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