Thursday, 22 November 2012

•Non-Performing Assets and Restructuring of Advances

To read the notification, click on the link given below:



http://www.caalley.com/rbi12/ISCS211112FL.pdf

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Supreme Court ruling holds non-compete fee is allowable as revenue expenditure

  The Hon’ble Supreme Court settled the long-standing controversy surrounding the tax treatment of non-compete fees and, based on the facts ...