Disallowance on account of stamp duty charges of lease agreement ...

Income Tax

January 20, 2021

Disallowance on account of stamp duty charges of lease agreement pertaining to lease period of five years - Stamp duty was required to be paid in order to bring about document of Lease. Expenses so incurred for securing premises on lease for a short period of five years were, therefore, allowable as revenue expenditure - - AT

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Disallowance on account of stamp duty charges of lease agreement ...

Income Tax

January 20, 2021

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