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Income Tax - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

Treatment of expenditure and revenue during Construction period ...


Assessee Justifies Expense Allocation During Construction by Nature and Purpose, Ensuring Proper Apportionment.

August 12, 2018

Case Laws     Income Tax     AT

Treatment of expenditure and revenue during Construction period - The assessee has rightly apportioned the expenses depending upon the nature and purpose of expenses with adequate reasoning.

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