Non-compete fees disallowed as capital expenditure but depreciation allowed.

Non-compete fees disallowed as capital expenditure but depreciation allowed. https://www.taxtmi.com/highlights?id=14626 Disallowance of non-compete fees - Capital or revenue expenditure - expenditure has to be disallowed as capital expenditure - however depreciation to be allowed - AT en-us Fri, 20 Sep 2013 10:39:51 +0530 Fri, 20 Sep 2013 10:39:51 +0530 TaxTMI RSS Generator Non-compete fees disallowed as capital expenditure but depreciation allowed. https://www.taxtmi.com/highlights?id=14626 Disallowance of non-compete fees - Capital or revenue expenditure - expenditure has to be disallowed as capital expenditure - however depreciation to be allowed - AT Highlights Income Tax Fri, 20 Sep 2013 10:39:51 +0530 https://www.taxtmi.com/highlights?id=14626