Revenue or Capital expenditure - Nature of loss in the hands of ...
Classifying Expenditure: Focus on Payer's Perspective, Not Payee's Loss, Affects Tax Treatment in Income Tax Context.
August 4, 2012
Case Laws Income Tax AT
Revenue or Capital expenditure - Nature of loss in the hands of the payee would be of little consequence in determining the nature of the expenditure in the hands of the payer/person incurring the expenditure - AT
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