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HC – Expenditure incurred on setting-up V-Sat facility is revenue expenditure

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  • HC – Expenditure incurred on setting-up V-Sat facility is revenue expenditure
Posted onon February 28, 2014

Tenet Tax Daily February 26 2014

By tenettax-team
Corporate Tax

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Gifts spotted during search won’t constitute undisclosed income if they were already shown by assessee in return
Disallowance of expenditure paid to holding company in absence of documents disallowed under sec. 40A(2)

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