Disallowance of expenditure towards purchase of tools - Revenue ...

Income Tax

October 13, 2020

Disallowance of expenditure towards purchase of tools - Revenue or capital expenditure - Claiming these expenditures as deduction is only revenue neutral because even otherwise depreciation has to be allowed on these petty assets. - AT

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Disallowance of expenditure towards purchase of tools - Revenue ...

Income Tax

October 13, 2020

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