Disallowing repairs and maintenance expense - The expenses ...

Routine Repairs and Maintenance Costs Allowed u/s 37(1) as Non-Capital Expenses, Paid via Bank Account.

October 9, 2020

Case Laws Income Tax AT

Disallowing repairs and maintenance expense - The expenses reimbursed by the assessee have been paid through bank account and routine expenditure in nature. Therefore, none of the expenditure could be said to be capital in nature and hence, allowable expenditure u/s 37(1) - - AT

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Disallowing repairs and maintenance expense - The expenses ...

Routine Repairs and Maintenance Costs Allowed u/s 37(1) as Non-Capital Expenses, Paid via Bank Account.

October 9, 2020

Case Laws Income Tax AT

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