Samsung Electronics Company Ltd. filed a case against the Income Tax Officer on February 18, 2005 regarding their tax assessment. The company argued that certain expenses related to software development should be allowed as tax deductions. The High Court of Karnataka ruled in favor of Samsung and determined that the expenses were revenue expenditures and eligible for tax deductions.
Samsung Electronics Company Ltd. filed a case against the Income Tax Officer on February 18, 2005 regarding their tax assessment. The company argued that certain expenses related to software development should be allowed as tax deductions. The High Court of Karnataka ruled in favor of Samsung and determined that the expenses were revenue expenditures and eligible for tax deductions.
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Samsung Electronics Company Ltd. filed a case against the Income Tax Officer on February 18, 2005 regarding their tax assessment. The company argued that certain expenses related to software development should be allowed as tax deductions. The High Court of Karnataka ruled in favor of Samsung and determined that the expenses were revenue expenditures and eligible for tax deductions.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOCX, PDF, TXT or read online from Scribd