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Commission for loan guarantee is revenue exp. even if loan is taken to acquire capital asset
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Corporate Tax
Commission for loan guarantee is revenue exp. even if loan is taken to acquire capital asset
Posted on
on
December 14, 2016
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Corporate Tax
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CIT can make sec. 264 revision even if there is a mistake on the part of assessee
Preliminary exp. on right issue would qualify for benefit of sec. 35D
