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Income Tax - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

The amount incurred by the assessee for construction of railway ...

Income Tax

June 7, 2016

The amount incurred by the assessee for construction of railway sidings and track outside the refinery complex was a revenue expenditure in the year in which it was incurred since the said expenditure did not result in bringing into existence any capital asset for the assessee - AT

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