Expenditure on construction of house of labourer - revenue v/s ...

High Court Rules House Construction Costs as Revenue Expenditure Due to Government Ownership and Rent Requirement.

February 24, 2016

Case Laws Income Tax HC

Expenditure on construction of house of labourer - revenue v/s capital expenditure - when the structure does not vest in the assessee and it has to pay monthly rent thereof to the Government, the expenditure incurred by the assessee thereon has been rightly treated as a revenue expenditure - HC

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Expenditure on construction of house of labourer - revenue v/s ...

High Court Rules House Construction Costs as Revenue Expenditure Due to Government Ownership and Rent Requirement.

February 24, 2016

Case Laws Income Tax HC

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