#revenue expenditure
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38 articlesIncome Tax
Income Tax
Royalty paid for certain rights, which are not in the nature of “make available,” can be charged to revenue account
Income Tax
Income Tax
Interest on funds borrowed for acquiring controlling stake in a company not allowable
Income Tax
Income Tax
Deductibility of interest on funds borrowed for acquiring controlling interest
Finance
Finance
PWC asked for clarity on taxation rules regarding payments made for acquiring spectrum
Income Tax
Income Tax
Web Designing & Hosting – Capital or Revenue Expenditure
Income Tax
Income Tax
Replacement expenditure is neither current repairs nor revenue
Income Tax
Income Tax
If the expenses are of revenue nature, then the same are to be allowed and section 35D will not be applicable
Income Tax
Income Tax
Expenditure on convertible debentures is deductible
Income Tax
Income Tax
Translation Losses under Production Sharing Contract Care Not Illusory Losses
Income Tax
Income Tax
