Disallowance being tools and dies written off - The expenditure ...

Income Tax

February 29, 2020

Disallowance being tools and dies written off - The expenditure incurred on dies and tools is a recurring revenue expenditure and no capital asset of enduring benefit comes into existence more so because the dies need to be replaced often. - HC

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Disallowance being tools and dies written off - The expenditure ...

Income Tax

February 29, 2020

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