Functional comparability under TNMM supported exclusion of ITeS comparables with R&D, intangibles, diversified operations, or unavailable segmental da...
Capital or revenue expenditure - one time expenditure incurred for the Club Membership Fee – Such expenses are for running the business with a view to produce the benefits to the assessee - it cannot be treated as capital asset - HC
Capital or revenue expenditure - one time expenditure incurred for the Club Membership Fee – Such expenses are for running the business with a view to produce the benefits to the assessee - it cannot be treated as capital asset - HC
Note: It is a system-generated summary and is for quick reference only.