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

Case Laws Income Tax

February 21, 2024

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 ...

Case Laws Income Tax

February 21, 2024

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