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Income Tax - Highlights / Catch Notes

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Addition on account of website development expenses - the ...


Website Development Costs Allowed as Revenue Expenditure for Information Dissemination, Not Asset Creation.

April 4, 2017

Case Laws     Income Tax     AT

Addition on account of website development expenses - the intended purpose behind the website was not to create an asset but only to provide a means for disseminating the information about the assessee - allowed as revenue expenditure - AT

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