Tuesday, August 21, 2018

Exp. on refurnishing, repair & improvement of assets taken on lease was revenue in nature; SLP granted

IT: Expenditure incurred on refurnishing, repairs and improvement of assets taken on lease is revenue expenditure : SLP granted

from www.taxmann.com Latest Case Laws https://ift.tt/2MCkMGi

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...