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Income Tax - Highlights / Catch Notes

Home Highlights March 2021 Year 2021 This

Nature of expenditure - Whether expenditure incurred by the ...

Income Tax

March 6, 2021

Nature of expenditure - Whether expenditure incurred by the assessee like stamp charges, loan processing fee on term loan, marketing fees, sourcing expenses, share issue expenses etc. are revenue expenditure or capital expenditure, which gives enduring benefit to the assessee? - Allowed as revenue expenditure - AT

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