Addition u/s 37(1) - processing fees - the payment has not been ...

Processing Fees u/s 37(1) Deemed Revenue Expenditure, Not Brand Acquisition Cost.

March 14, 2017

Case Laws Income Tax AT

Addition u/s 37(1) - processing fees - the payment has not been made for acquiring a brand name, but for facilitating for acquisition of the brand name - by applying positive and negative tests, it is found that the expenditure is revenue in Nature - AT

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Addition u/s 37(1) - processing fees - the payment has not been ...

Processing Fees u/s 37(1) Deemed Revenue Expenditure, Not Brand Acquisition Cost.

March 14, 2017

Case Laws Income Tax AT

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