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Income Tax - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

Capital expenditure vs Revenue expenditure - expenditure on ...


Lease Rent and Pipeline Maintenance Under BOOT Contract Classified as Revenue Expenditure.

August 19, 2012

Case Laws     Income Tax     AT

Capital expenditure vs Revenue expenditure - expenditure on payment of lease rent and maintenance of the pipeline as per Build, Own, Operate, Transfer (BOOT) contract - held as revenue in nature - AT

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