Addition of pre-operative expenditure - revenue or capital ...

Income Tax

July 17, 2019

Addition of pre-operative expenditure - revenue or capital expenditure - expenses are only to enhance the existing portfolio of the assessee and to increase its existing production capacity - even there is no denial of the fact that the expenditure claimed by the assessee is otherwise revenue in nature and not relating to the set up of the plant - duly allowable

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Addition of pre-operative expenditure - revenue or capital ...

Income Tax

July 17, 2019

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