Disallowance of finance lease rental payments - claim of the ...

Finance Lease Payments Ruled as Revenue Expenditure, Allowing Deduction as Expense for Tax Purposes.

February 21, 2024

Case Laws Income Tax AT

Disallowance of finance lease rental payments - claim of the assessee to claim the lease rent as an expenditure in their computation - The ITAT held that the payment made for the use of leased assets under finance lease should be allowed as a revenue expenditure.

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Disallowance of finance lease rental payments - claim of the ...

Finance Lease Payments Ruled as Revenue Expenditure, Allowing Deduction as Expense for Tax Purposes.

February 21, 2024

Case Laws Income Tax AT

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