Nature of expenditure - when the expenditure was incurred, the ...

Expenditure Classification Before Project Start: No Absolute Rule, Context Matters for Capital vs. Revenue Decision.

May 8, 2017

Case Laws Income Tax HC

Nature of expenditure - when the expenditure was incurred, the project had not begun - There cannot be any absolute proposition of law that every expenditure made prior to the commencement of the project may not be treated as revenue expenditure and the same is to be treated as capital - HC

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Nature of expenditure - when the expenditure was incurred, the ...

Expenditure Classification Before Project Start: No Absolute Rule, Context Matters for Capital vs. Revenue Decision.

May 8, 2017

Case Laws Income Tax HC

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