Allowability of expenditure incurred to obtain Trade Mark
This query is : Resolved
18 October 2009
Whether the expenditure incurred for obtaining the trade mark is a revenue expenditure or not? Pl refer case laws if any.
Reply to my email.
t.adinarayana@yahoo.com
Reply to my email.
t.adinarayana@yahoo.com
18 October 2009
The Trade mark logo creation expenses will be treated as capital expenditure and the consultancy charges for registering and fees will be treated as revenue expenses.
18 October 2009
Agree with Expert
18 October 2009
Can we claim depreciation on the cost incurred for trade mark?
19 October 2009
Yes depreciation can be claimed for trade mark @ 25% under the Income tax Act,1961, being an intangible asset.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
