Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Current repairs - Capital expenditure vs. Revenue expenditure – Replacement of entire marble floor was done – Allowable expenditure u/s 30 - A new asset of enduring benefit in form of completely new flooring of marble, different and distinct from the earlier flooring, has come into existence – deduction not allowed - HC
Current repairs - Capital expenditure vs. Revenue expenditure – Replacement of entire marble floor was done – Allowable expenditure u/s 30 - A new asset of enduring benefit in form of completely new flooring of marble, different and distinct from the earlier flooring, has come into existence – deduction not allowed - HC
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