Lease equalization charges are deductible in computing book profit-High Court
February 22, 2018
High Courts, Income Tax, Judgments
Lease equalization charges are deductible in computing book profit. Provisions for NPA are also not need to be added back-High Court ABCAUS Case Law Citation: ABCAUS 2216 (2018) (02) HC The Challenge/Grievance: The case law involves the appeal filed by the Income Tax Department (Revenue) against the order …