https://www.taxtmi.com/forum/issue?id=3895 An exporter adds a per unit amortisation charge to export invoices to recover capital expenditure, increasing reported turnover and profit. The question is whether such amortisation receipts included in sales can be deducted from taxable income and replaced by depreciation claimed on the capital asset, effectively treating the per unit amortisation as capital recovery rather than taxable revenue. en-us Sat, 10 Mar 2012 17:46:19 +0530 Thu, 23 Jan 2025 15:58:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3895 An exporter adds a per unit amortisation charge to export invoices to recover capital expenditure, increasing reported turnover and profit. The question is whether such amortisation receipts included in sales can be deducted from taxable income and replaced by depreciation claimed on the capital asset, effectively treating the per unit amortisation as capital recovery rather than taxable revenue. Discussion-Forum Income Tax Sat, 10 Mar 2012 17:46:19 +0530 https://www.taxtmi.com/forum/issue?id=3895