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The Dy. Cit, Circle-1(1)(2),, ... vs Cadila Healthcare Ltd.,, Ahmedabad on 3 March, 2017

21. With regard to expenditure incurred to carryout trade mark registration in US and UK. These are not capital expenditure, as held in the case of Cadila Healthcare Ltd. v. ACIT (supra), the expenditure incurred for protection of its running business without generating any new asset, is an allowable expenditure. Therefore, we are inclined to delete the addition made by the Assessing Officer.
Income Tax Appellate Tribunal - Ahmedabad Cites 80 - Cited by 67 - Full Document
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