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Income Tax - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

Expenditure for subdivision of shares of the company - Revenue ...


High Court Rules Share Subdivision Costs as Revenue Expenditure, Not Capital; Part of Regular Operational Expenses.

August 31, 2012

Case Laws     Income Tax     HC

Expenditure for subdivision of shares of the company - Revenue OR Capital expenditure - held as revenue in nature - HC

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