amount spent for an abuse of trade mark ..
whether it is regarded as capital or revenue expenditure ..
kindly waiting for your reply
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Whether the following transaction can be regarded as capital or revenue expenditure
Replies (1)
Dear Sir,
I understand that you have spent money to fight for your trademark which must have been used by someone.
If this is scenario then, it will be regarded as revenue expenditure only as it will not give any beneficial or long life to your trade mark.
For more information, kindly drop email to psandac @ gmail.com
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