Nature of expenses – Capital or revenue – Any expenditure ...
Repair Costs for Rented Premises: Taxpayer-Borne Expenses Classified as Revenue Expenditure.
August 22, 2014
Case Laws Income Tax HC
Nature of expenses – Capital or revenue – Any expenditure incurred by the assessee towards repairing the premises taken on rent if he has undertaken to bear the cost of the repairs is allowed as revenue expenditure - HC
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