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Income Tax - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

All the four items, namely - Custom duty/expenses on importing ...

Income Tax

March 9, 2015

All the four items, namely - Custom duty/expenses on importing of free samples; Consultancy charges; Cost of material used for in-house development transferred from Raw material cost; and Cost of direct labour transferred from labour cost - are in the nature of revenue expenses. - AT

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