Nature of expenditure - there was failure on the part of ...

Case Laws Income Tax

October 15, 2018

Nature of expenditure - there was failure on the part of respondent-assessee to perform its part of the agreement including operation and maintenance of bus shelters and pay concessionaire fee of ₹ 4.09 crores per month. Any expenditure or payment of the said nature would necessarily be revenue in character.

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Nature of expenditure - there was failure on the part of ...

Case Laws Income Tax

October 15, 2018

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