https://www.taxtmi.com/highlights?id=26204 Computation of capital gains - The expenditure incurred in pursuant to or as an obligation under the Joint Development Agreement can be claimed as business expenditure despite the fact that the said Joint Development project could not materialize - the expenditure incurred subsequent to JDA cannot be treated as the expenditure incurred for improvement of the capital asset in question - AT en-us Wed, 02 Dec 2015 12:57:28 +0530 Wed, 02 Dec 2015 12:57:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=26204 Computation of capital gains - The expenditure incurred in pursuant to or as an obligation under the Joint Development Agreement can be claimed as business expenditure despite the fact that the said Joint Development project could not materialize - the expenditure incurred subsequent to JDA cannot be treated as the expenditure incurred for improvement of the capital asset in question - AT Highlights Income Tax Wed, 02 Dec 2015 12:57:28 +0530 https://www.taxtmi.com/highlights?id=26204