TMI BlogHigh Court Rules Expenses on Interior Modifications as Revenue in Nature, Resulting in Long-term Rent Savings for Taxpayer.Classification of expenses - Expenses on wooden partitions, electric wiring, power connections, interior layout and carpeting - the assessee made substantial savings in monthly rent for a period of 39 years by expending these amounts - held as revenue in nature - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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