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Buness expendiure

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(Querist)
06 February 2012 is there case law regarding business expenditures increase substantially as compare to last year but receipts was down .
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CA Suraj Lakhotia

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CA Suraj Lakhotia (Expert)
07 February 2012 What type of case law you need? Please be clear while posting queries.

There is no rule that your expenditure cannot increase when your revenues are down.
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