Nature of franchise expenses – it was not an expenditure i...
Court Classifies Franchise Expenses as Revenue Expenditures, Not Capital, Enabling Business Profitability.
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Income TaxAugust 12, 2014Case LawsHC
Nature of franchise expenses – it was not an expenditure incurred for acquisition of source of profit, but enabled the assessee to run the business profitably - held as revenue expenditure - HC