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Expenditure incurred on tenancy rights during acquisition of running business is revenue expenditure
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Corporate Tax
Expenditure incurred on tenancy rights during acquisition of running business is revenue expenditure
Posted on
on
January 23, 2014
Tenet Tax Daily January 22 2014
By
tenettax-team
Corporate Tax
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ITAT remands back matter to enquire into an issue directly relevant to TP adjustments and not dealt with by DRP
TPO ought to have first analysed internal comparable before external one for making TP adjustment