TMI Blog1987 (3) TMI 66X X X X Extracts X X X X X X X X Extracts X X X X ..... s: " Whether, on the facts and in the circumstances of the case and having regard to the period of lease and the provisions as to the renewal thereof, the Appellate Tribunal was right in holding that the assessee did not acquire any capital asset or advantage or benefit of an enduring nature by incurring an expenditure on lease in respect of which deductions were claimed by the assessee, and whe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... details of expenditure are not available and what is mentioned in the statement of case is that the sum of Rs. 39,590 has been spent on obtaining lease of the premises. Such an expenditure, according to him, is not covered by the decision and requires consideration. Mr. Dastur, learned counsel for the assessee, on the other hand, stated that the assessee is a nationalised bank having branches all ..... X X X X Extracts X X X X X X X X Extracts X X X X
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