Nature of expenses - Taking computers and vehicles taken on ...
Classification of Lease Payments: Revenue vs. Capital Expenditure Decision for Computer & Vehicle Leases.
November 27, 2023
Case Laws Income Tax AT
Nature of expenses - Taking computers and vehicles taken on lease - deduction of payment of principal amount as revenue expenditure - financial lease or operational lease - Revenue or capital expenditure - AO directed to verify the details and decide the issue afresh - AT
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