Allowability of capital expenditure by tenant
Last updated: 18 November 2008
Court :
HIGH COURT OF DELHI
Brief :
The cost of repairs incurred by an assessee-tenant in respect of tenanted premises would have to be allowed under section 30(a)(i); the question of disallowing such an expenditure and relegating the assessee to claim depreciation under section 32 does not arise
Citation :
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Jitender
Published in Income Tax
Views : 66
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