Tag Archives: TAX APPEAL NO. 51 OF 2008

Payment made for Long lasting source of material is capital Expenditure :

By | May 9, 2020

Payment made for Long lasting source of material is capital Expenditure Payment made for acquiring right for mining of limestone which shall be used as raw material is capital expenditure We find that the respondent had obtained a long term captive source of the raw material by purchase of right from Texmaco. However, at the… Read More »