TMI BlogINTEREST ON LOANX X X X Extracts X X X X X X X X Extracts X X X X ..... Whether the interest payment for the unused leasehold land in the partnership firm is to be capitalised or is a revenue expenditure? The land ia idle and there is no any use of it and also it is not k ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ept aside for any specific project or purpose. Is there any case law relating to it? - Reply By MARIAPPAN GOVINDARAJAN - The Reply = It is revenue expenditure. - INTEREST ON LOAN - Query Started B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y: - Shipra Agarwal Dated:- 20-7-2016 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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