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Payment of consultancy fees to carry on business more efficiently and profitably is a revenue expenditure

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Posted onon July 22, 2013

Tenet Tax Daily July 22 2013

By tenettax-team
Corporate Tax

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AAR can only determine tax liability of applicant and not any of its affiliate or AOP
Payments for launching and tracking of satellite aren’t FTS as no technology is made available to assessee

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