Lease rent payment - nature of expenditure -assessee acquired ...

Lease for Land Deemed Revenue Expenditure Due to Unchanged Capital Structure and Nominal Rent Payment.

June 12, 2018

Case Laws Income Tax AT

Lease rent payment - nature of expenditure -assessee acquired the land on lease for 33 years, the capital structure did not undergo any change. The assessee has merely acquired the facility to carry on business profitably by paying nominal lease rent thus revenue expenditure.

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Lease rent payment - nature of expenditure -assessee acquired ...

Lease for Land Deemed Revenue Expenditure Due to Unchanged Capital Structure and Nominal Rent Payment.

June 12, 2018

Case Laws Income Tax AT

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