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Sum incurred mainly on advertisement to promote sales is an allowable revenue expenditure
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Corporate Tax
Sum incurred mainly on advertisement to promote sales is an allowable revenue expenditure
Posted on
on
August 24, 2013
Tenet Tax Daily August 23 2013
By
tenettax-team
Corporate Tax
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No penalty for Concealment if mistake was bona fide and rectified prior to initiation of assessment
Business deemed to have commenced even on commencement of one of the activities constituting the business