TMI BlogNature of expenditure - Payment of ‘Franchisee fee’ - whether capital or revenue in nature? -...Nature of expenditure - Payment of ‘Franchisee fee’ - whether capital or revenue in nature? - ‘Franchisee Fee’ paid by the assessee is revenue in nature since it was only for limited period. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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