Expenditure to be treated as Revenue or Capital Expenditure – ...

Income Tax

October 15, 2013

Expenditure to be treated as Revenue or Capital Expenditure – Merely because the amount spent has been used for construction of a building or structure of permanent nature is not the decisive test for holding the expenses to be of capital outlay or revenue outlay - AT

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Expenditure to be treated as Revenue or Capital Expenditure – ...

Income Tax

October 15, 2013

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