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Receipt on settlement of dispute on use of trademark is tax free when trademark itself is cancelled
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Corporate Tax
Receipt on settlement of dispute on use of trademark is tax free when trademark itself is cancelled
Posted on
on
November 4, 2016
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By
tenettax-team
Corporate Tax
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Exp. incurred by Tamil Nadu Tourism Corporation to maintain ‘Thiruvalluvar Statue’ is revenue exp.
Statement of senior partner couldn’t be retracted on pretext that he had no knowledge of business