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Income Tax - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

Disallowance of website registration expenses - revenue v/s ...


Website Registration Costs: Revenue vs. Capital Expenditure Based on Intent and Purpose, Not Just Long-Term Benefits.

December 9, 2015

Case Laws     Income Tax     AT

Disallowance of website registration expenses - revenue v/s capital expenditure - Just because a particular expenditure may result in an enduring benefit would not make such an expenditure of capital nature and real intent and purpose of the expenditure has to be seen - AT

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