https://www.taxtmi.com/highlights?id=58794 Expenditure on brokerage expenditure paid for obtaining investments in mutual funds - investment made in the funds yields income over a period of years, however the said amount of brokerage expenditure incurred is not refundable to the assessee in any circumstances - The expenditure cannot not be categorized in the capital filed on the plea of enduring benefit - Allowed as revenue expenditure - AT en-us Thu, 15 Jul 2021 17:14:55 +0530 Thu, 15 Jul 2021 17:14:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58794 Expenditure on brokerage expenditure paid for obtaining investments in mutual funds - investment made in the funds yields income over a period of years, however the said amount of brokerage expenditure incurred is not refundable to the assessee in any circumstances - The expenditure cannot not be categorized in the capital filed on the plea of enduring benefit - Allowed as revenue expenditure - AT Highlights Income Tax Thu, 15 Jul 2021 17:14:55 +0530 https://www.taxtmi.com/highlights?id=58794