As the assessee’s business was promotion of new ventures, the ...

Income Tax

February 2, 2016

As the assessee’s business was promotion of new ventures, the project expenditure was incidental to the business and hence could not be treated as preliminary or capital in nature and accordingly allowed the same as Revenue expenditure. - AT

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As the assessee’s business was promotion of new ventures, the ...

Income Tax

February 2, 2016

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