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Income Tax - Highlights / Catch Notes

Home Highlights January 2013 Year 2013 This

The expenditure incurred on marketing knowhow would result in ...


Marketing Knowhow Costs Deemed Revenue Expenditure Due to Boost in Sales and Profits.

January 22, 2013

Case Laws     Income Tax     HC

The expenditure incurred on marketing knowhow would result in higher sales as well as lead to higher profit - Consequently, will be revenue expenditure - HC

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