Expenditure incurred on leased out premises - expenditure ...

Construction Costs on Leased Property: Future Revenue Savings Under Explanation 1, Section 32(1) of Income Tax Act.

January 20, 2016

Case Laws Income Tax AT

Expenditure incurred on leased out premises - expenditure incurred on the construction of any structure on the leased premises should result in saving of the revenue expenditure at the subsequent stage - the case of the assessee very much falls within the ambit of Explanation 1 of section 32(1) - AT

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Expenditure incurred on leased out premises - expenditure ...

Construction Costs on Leased Property: Future Revenue Savings Under Explanation 1, Section 32(1) of Income Tax Act.

January 20, 2016

Case Laws Income Tax AT

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