Payment for getting the mining rights on the land on which ...

Net Present Value Payment for Mining Rights on Forest Land Considered Revenue Expenditure Under Income Tax Act Section 37(1.

August 19, 2015

Case Laws Income Tax AT

Payment for getting the mining rights on the land on which forest was there - Expenditure paid by the assessee as NPV to enable the assessee to carry on its mining business is revenue in nature, which is allowable as business expenditure under section 37(1) - AT

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Payment for getting the mining rights on the land on which ...

Net Present Value Payment for Mining Rights on Forest Land Considered Revenue Expenditure Under Income Tax Act Section 37(1.

August 19, 2015

Case Laws Income Tax AT

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