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Legal exp. incurred on feasibility report preparation for acquisition of a new brand was revenue exp.

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Posted onon March 21, 2015

Tenet Tax Daily March 21 2015

By tenettax-team
Corporate Tax

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Sec. 143(1) intimation won’t be deemed as completion of assessment to bar filing of revised return, rules HC
Payment to NR under a composite contract for offshore supply and installation subject to TDS

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