Addition u/s 35D – Expenses on repair of work place - expenses ...

Repairs to Rented Premises Not Eligible for Amortization u/s 35D of Income Tax Act.

August 25, 2014

Case Laws Income Tax AT

Addition u/s 35D – Expenses on repair of work place - expenses are for the purposes of repairs on rented premises cannot be said to be preliminary expenses, eligible for amortization - AT

View Source

← Previous Next →

Addition u/s 35D – Expenses on repair of work place - expenses ...

Repairs to Rented Premises Not Eligible for Amortization u/s 35D of Income Tax Act.

August 25, 2014

Case Laws Income Tax AT

You may also like:

Disallowances under section 30(1) - expenditure incurred on repair and renovation of renting premises allowed - HC

Proposed amendment enables recovery of existing liabilities under Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 from seized assets...

The assessee company is eligible to claim Foreign Tax Credit (FTC) against its Minimum Alternate Tax (MAT) liability u/s 115JB of the Income Tax Act for taxes paid in...

The summary highlights the key difference between the scope of total income under the Income Tax Act and the Black Money (Undisclosed Foreign Income and Assets) and...

The case involves the classification of a composite supply of outdoor catering services along with renting of premises. It is held that where the applicant provides...

The High Court held that by virtue of the non-obstante clause in the Kerala General Sales Tax Act, 1963 (KGST Act), it creates a first charge on the property of the...

Cooperative Banks, Renting income is eligible for deduction u/s 80P

CENVAT credit - input services or repair and maintenance - Assessee provided immovable property on rent - part of premises was rented out - proportionate credit allowed - AT

Deductibility of interest income from investments u/s 80P(2)(a)(i) of the Income Tax Act for a primary agricultural credit cooperative society. The key points are: The...

Amortisation u/s section 35D - Euro issue expenditure - the expenditure that qualified for consideration under section 35D is restricted by reason of use of the phrase "being" - HC

The amount of tax paid in a foreign country which is not eligible for benefit u/s 91 of the Act, is expenditure eligible for deduction u/s 37(1) of the Act. It is...

CENVAT Credit - input services - service tax paid on rent of premises which is used as office of the company outside the company - Department was of the view that the...

The Direct Tax Vivad Se Vishwas Act, 2020 aims to settle tax disputes. The term "appeal" under the Act includes writ petitions challenging tax orders, as per Supreme...

Wealth Tax Liability - Whether Club can be treated as "Association of Person"? - Charging provisions under the Income Tax versus under the Wealth Tax - This argument of...

Whether the undisclosed income is agricultural income eligible for exemption u/s 10 of the Income Tax Act – 50% of the income treated as agriculture income - AT

Quick Updates: