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Income Tax - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

Revenue expenditure vs WIP - business of Real Estate - expenses ...


Real Estate Business: Administrative, Selling, and Marketing Expenses Allowable as Revenue Expenditure.

April 4, 2019

Case Laws     Income Tax     AT

Revenue expenditure vs WIP - business of Real Estate - expenses not related to the work in progress and debited to the P & L account being administrative expenses and selling expenses, marketing expenses are allowable as revenue expenditure

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