Understanding capital and revenue receipt and expenditure

Manish Kumar Agarwal , Last updated: 31 January 2012  
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There is always a dispute in respect of capital revenue receipt expenditure. Lets clarify the same with the help of some of the latest judicial decisions in this respect. 1.Non Compete Fees:Non compete fee received by assessee for refraining from manufacturing and selling time pieces for

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Manish Kumar Agarwal
(GM - TAX)
Category Income Tax   Report

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