Nature of expenditure - revenue or capital expenditure - legal ...

Legal Fees for Transactions Involving Capital Assets: Not Automatically Capital Expenditure. Nature of Expense Assessed Separately.

July 28, 2020

Case Laws Income Tax HC

Nature of expenditure - revenue or capital expenditure - legal expenses in connection with structuring of the transaction - merely because the transaction in question is a capital asset, the legal expenses incurred for the same will not ipso facto become capital expenditure - HC

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Nature of expenditure - revenue or capital expenditure - legal ...

Legal Fees for Transactions Involving Capital Assets: Not Automatically Capital Expenditure. Nature of Expense Assessed Separately.

July 28, 2020

Case Laws Income Tax HC

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