Nature of expenditure on leased premises for office use - the ...

Expenditure on leased office improvements like ceilings and partitions is revenue expenditure, tax-deductible, not creating enduring assets.

April 4, 2018

Case Laws Income Tax AT

Nature of expenditure on leased premises for office use - the expenditure incurred on false ceiling as well as partition, glass etc., cannot be held to be creating any asset of an enduring nature - to be allowed as revenue expenditure - AT

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Nature of expenditure on leased premises for office use - the ...

Expenditure on leased office improvements like ceilings and partitions is revenue expenditure, tax-deductible, not creating enduring assets.

April 4, 2018

Case Laws Income Tax AT

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