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Income Tax - Highlights / Catch Notes

Home Highlights July 2020 Year 2020 This

Nature of expenditure - revenue or capital expenditure - legal ...

Income Tax

July 28, 2020

Nature of expenditure - revenue or capital expenditure - legal expenses in connection with structuring of the transaction - merely because the transaction in question is a capital asset, the legal expenses incurred for the same will not ipso facto become capital expenditure - HC

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