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Payment of Upfront Fees by DIAL held to be Revenue Expenditure

Delhi ITAT Held that mere entry in the books of accounts and classifying the said Payment as capital, i.e., it has been capitalised in the books will not at all be determinative as it has to be seen on the facts whether such a payment or expenditure falls in the capital filed or revenue field.



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Payment of Upfront Fees by DIAL held to be Revenue Expenditure

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