Renovation expenses – lease building – The building that was ...

Renovation costs on leased building for better work environment classified as revenue expenditure, not capital.

February 7, 2012

Case Laws Income Tax AT

Renovation expenses – lease building – The building that was taken on lease remained intact. What has been done was only to create a better working environment. - Allowed as revenue expenditure.... - AT

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Renovation expenses – lease building – The building that was ...

Renovation costs on leased building for better work environment classified as revenue expenditure, not capital.

February 7, 2012

Case Laws Income Tax AT

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