Financial lease - principal payments made towards financial ...

Principal Payments on Financial Lease Classified as Capital Expenditure, Not Deductible for Assessees Under Finance Arrangement.

June 29, 2012

Case Laws Income Tax AT

Financial lease - principal payments made towards financial lease - revenue or capital expenditure - assessee is not entitled to deduction of payment of principal amount under the aforesaid financing arrangement - AT

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Financial lease - principal payments made towards financial ...

Principal Payments on Financial Lease Classified as Capital Expenditure, Not Deductible for Assessees Under Finance Arrangement.

June 29, 2012

Case Laws Income Tax AT

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