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Income Tax - Highlights / Catch Notes

Home Highlights May 2022 Year 2022 This

Legal and professional charges - Backward or forward integration ...

Income Tax

May 2, 2022

Legal and professional charges - Backward or forward integration of the activities of a manufacturing business cannot be considered to be establishment of a new enterprises to consider such legal and professional expenses to be for acquiring new assets and to not treat them revenue expenditure. - AT

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