Nature of Expenses – huge expenses towards repair and ...
Repair and Maintenance Costs for Machinery, Including Band Knives, Deemed Revenue Expenses.
December 4, 2014
Case Laws Income Tax AT
Nature of Expenses – huge expenses towards repair and maintenance on machinery and plant made – purchase of band knives for use in splitting machine - expenditure on removing the roller jammed in order to make it functional - held as revenue in nature - AT
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