Nature of Expenditure - revenue or capital - Weight of other ...

Water Pipeline Costs on Maharashtra Land Deemed Revenue Expenditure, Not Capital, Due to Lack of Enduring Benefit.

June 12, 2018

Case Laws Income Tax AT

Nature of Expenditure - revenue or capital - Weight of other business considerations, the test of enduring benefit might even break down - the expenditure incurred on laying of the water pipeline involving the land owned by Maharashtra Government constitutes Revenue expenditure.

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Nature of Expenditure - revenue or capital - Weight of other ...

Water Pipeline Costs on Maharashtra Land Deemed Revenue Expenditure, Not Capital, Due to Lack of Enduring Benefit.

June 12, 2018

Case Laws Income Tax AT

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