Economic Times |
Tax authorities wrong in asking Ecommerce firms to reclassify discounts as CapEx: Pai
Economic Times BENGALURU: IT veteran and tech investor T V Mohandas Pai has said tax authorities are wrong in asking e-commerce giants to reclassify discounts as capital expenditure because discount is an event which does not create enduring value or a capital asset ... Tax ruling on Flipkart can impact other e-commerce ventures |
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