Disallowing hoarding construction charges - huge expenses - long ...

Hoarding Construction Charges Classified as Revenue Expenses Due to Recurring Nature, Not Capital Expenses Under Tax Law.

July 5, 2019

Case Laws Income Tax AT

Disallowing hoarding construction charges - huge expenses - long term utility - such expenditure is a recurring expenditure which is required to be incurred by the assessee regularly and the same therefore cannot be said to have given any enduring benefit to the assessee in capital field - allowed as revenue expenses

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Disallowing hoarding construction charges - huge expenses - long ...

Hoarding Construction Charges Classified as Revenue Expenses Due to Recurring Nature, Not Capital Expenses Under Tax Law.

July 5, 2019

Case Laws Income Tax AT

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