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Royalty payment made to secure manufacturing technical know-how is revenue expenditure
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Corporate Tax
Royalty payment made to secure manufacturing technical know-how is revenue expenditure
Posted on
on
February 25, 2020
Tenet Tax Daily February 25 2020
By
tenettax-team
Corporate Tax
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Foreign exchange loss arising out of foreign currency fluctuations is revenue expenditure and not capital expenditure
Stay order passed by High Court restraining revenue to pass final assessment order till disposal of petition filed by assessee will not mean that reassessment proceedings could not coninue
