TMI BlogDisallowance on account of lease payment made by the assessee - Lease charges paid for the use of the...Disallowance on account of lease payment made by the assessee - Lease charges paid for the use of the asset, without acquiring any ownership rights in the same, are allowable as revenue expenditure u/s 37 - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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