Classification as Revenue or Capital Expenditure – Expenses for ...

Assessee's 12.5% Rate on Transmission Maintenance Costs Upheld as Capital Expenditure, Favoring Assessee Over Revenue.

October 31, 2013

Case Laws Income Tax HC

Classification as Revenue or Capital Expenditure – Expenses for transmission - Establishment and maintenance expenditure – It is only in respect of construction and the maintenance units where major part of work is maintenance of distribution, the assessee uniformly adopted 12/1/2% of such expenditure as capital expenses - decided against the revenue - HC

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Classification as Revenue or Capital Expenditure – Expenses for ...

Assessee's 12.5% Rate on Transmission Maintenance Costs Upheld as Capital Expenditure, Favoring Assessee Over Revenue.

October 31, 2013

Case Laws Income Tax HC

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