TMI BlogNature of expenditure - payment made to sub-tenant - In fact, through the negotiation the assessee...Nature of expenditure - payment made to sub-tenant - In fact, through the negotiation the assessee acquired some kind of an enduring right of possession over the occupied area of the said premises surrendered to them by those occupants. It had the incidents of permanence - the expenditure was capital in nature. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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