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Sumpaid as Shelter fund to protect land from acquisition was to be treated as revenue expenditure: HC
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Corporate Tax
Sumpaid as Shelter fund to protect land from acquisition was to be treated as revenue expenditure: HC
Posted on
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October 20, 2017
Tenet Tax Daily October 20 2017
By
tenettax-team
Corporate Tax
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Sum paid to NR for grant of software license for specific period couldn’t be held as royalty
Mere allotment of PAN won’t make allottee a separate entity for purpose of tax assessment