https://www.taxtmi.com/forum/issue?id=109589 Design charges for jewellery that change frequently and do not create any enduring asset are revenue expenditure incurred in the ordinary course of manufacturing for resale and should be treated as deductible business expenses rather than capitalised. en-us Tue, 22 Dec 2015 15:02:52 +0530 Thu, 23 Jan 2025 15:56:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109589 Design charges for jewellery that change frequently and do not create any enduring asset are revenue expenditure incurred in the ordinary course of manufacturing for resale and should be treated as deductible business expenses rather than capitalised. Discussion-Forum Income Tax Tue, 22 Dec 2015 15:02:52 +0530 https://www.taxtmi.com/forum/issue?id=109589