Search Results for Tag : Revenue Expenditure

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ITAT: Lease Rental on Equipment Paid Without Acquiring Ownership is Revenue Expenditure(21.07.2022)

Income Tax Appellate Tribunal (ITAT) held that lease charges paid for the use of the asset, without acquiring any ownership rights in the same, are al.....

Tags : ITAT, Lease Charges, Revenue Expenditure

ITAT Bangalore: Expenditure Incurred on Issuance of Debentures is Revenue Expenditure(01.06.2017)

ITAT Bangalore has directed the AO to allow expenditure incurred in relation to issuance of debentures as it constitute revenue expenditure under the .....

Tags : ITAT Bangalore, Revenue Expenditure

ITAT Delhi: Money Spent on Scholarships for Students is Revenue Expenditure(14.08.2019)

Income Tax Appellate Tribunal (ITAT) Delhi has ruled that the sum of money paid by Senior Advocate Harish Salve towards scholarships of students at Ox.....

Tags : ITAT Delhi, Revenue Expenditure