Disallowance expenditure towards replacement of machinery - ...

Court Rules Machinery Replacement Costs as Capital, Not Revenue Expenditure; Not "Current Repairs.

September 7, 2012

Case Laws Income Tax HC

Disallowance expenditure towards replacement of machinery - Revenue OR Capital - not amounting to "current repairs" and to be not allowed as revenue expenditure - HC

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Disallowance expenditure towards replacement of machinery - ...

Court Rules Machinery Replacement Costs as Capital, Not Revenue Expenditure; Not "Current Repairs.

September 7, 2012

Case Laws Income Tax HC

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