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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Payment made to Advocate for registration of patent rights in ...


Payment to Advocate for Foreign Patent Registration Deemed Revenue Expenditure, Not Capital; Allowed as Operational Cost.

November 25, 2013

Case Laws     Income Tax     AT

Payment made to Advocate for registration of patent rights in foreign countries - revenue expediture or capital expenditure in nature - held as revenue - claim allowed - AT

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