Expenditure incurred on maintenance of rigs leased out - ...

Rigs Maintenance Costs by Asset Owner Allowed as Business Deductions Under Income Tax Regulations.

July 2, 2012

Case Laws Income Tax AT

Expenditure incurred on maintenance of rigs leased out - Assessee, being the owner of the asset, it was in its own interest, that the assets were maintained properly. Hence, the same is allowed as business expenditure. - AT

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Expenditure incurred on maintenance of rigs leased out - ...

Rigs Maintenance Costs by Asset Owner Allowed as Business Deductions Under Income Tax Regulations.

July 2, 2012

Case Laws Income Tax AT

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