Expenditure incurred by the assessee by purchasing of ...
Taxpayer's Cost for Precision Eye Surgery Kit Considered Revenue Expenditure, Essential for Business Operations.
October 31, 2012
Case Laws Income Tax AT
Expenditure incurred by the assessee by purchasing of upgradation kit was to carry out precision eye surgery by using advanced technology, which was the need of the time in the line of the business of the assessee - held as revenue in nature - AT
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