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Income Tax - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Treatment to acquiring technical know - revenue v/s capital ...

Income Tax

June 30, 2015

Treatment to acquiring technical know - revenue v/s capital expenditure - expenditure incurred for grant of License which accords ‘access’ to technical knowledge, as against, ‘absolute’ transfer of technical knowledge and information would ordinarily be treated as revenue expenditure. - AT

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