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Revenue vs capital

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(Querist)
15 March 2012 Whether expenditure on Construction of Temporary Erection on Lease Hold Land for a period of 3 to 5 Years is allowed as deduction ? Kindly quote relevant case laws

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Dintakurthi Tirumala

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Dintakurthi Tirumala (Expert)
15 March 2012 If such Temporary Erection Construction used for the construction of capital asset then the expenditure on it would be capitalise otherwise it would be revenue( if it is used for earn some income).
OM SAI SRI SAI JAI JAI SAI
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