Nature of expenses - capital or revenue expenditure - license ...

WAN and Local Hardware License Costs Classified as Revenue Expenditure for Tax Purposes, Not Asset Creation.

July 7, 2018

Case Laws Income Tax AT

Nature of expenses - capital or revenue expenditure - license expenses towards WAN and local hardware - annual fee - license expenses incurred by assessee do not create any asset but only provides means for running the business - allowed as revenue expenditure.

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Nature of expenses - capital or revenue expenditure - license ...

WAN and Local Hardware License Costs Classified as Revenue Expenditure for Tax Purposes, Not Asset Creation.

July 7, 2018

Case Laws Income Tax AT

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