revenue expenditure

  • Income Tax

Mesne profits & interest awarded by Court for unauthorised occupation by tenant taxable u/s 23(1)

Mesne profits and interest on mesne profits awarded by Court for unauthorised occupation by tenant taxable tax u/s 23(1) ABCAUS…

3 years ago
  • Income Tax

Charges for Conversion of residential house usage to commercial is revenue expenses

Charges for Conversion of residential house usage to commercial revenue expenses as they are incurred on year-to-year basis and nor…

5 years ago
  • Income Tax

Royalty and fee for technical assistance held revenue expenditure not capital as on termination of agreement all rights of the assessee stood extinguished.

Royalty and fee for technical assistance held revenue expenditure not capital as on termination of agreement all rights of the…

7 years ago