All expenses towards creation of a new asset or for enhancing capacity of existing asset are in nature of capital expenditure
Assessee had to only write off debts as irrevocable in its account and not required to prove that they had become bad for its deduction
Only salary remitted by HO to liaison office set-up in India for routine operations: No GST would be attracted.
Admissibility of exemption u/s 54 if construction of house was commenced even before the date of transfer of original asset
Foreign agent commission and reimbursement of expenditure were not taxable in India and hence, section 195 had no application.