Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Assessee (tenant) incurred expenditure on renovation of premises, however assessee did not get any benefit of lower rent, therefore the entire expenditure cannot be allowed as revenue. - 75% of the expenditure is to be treated as capital and 25% as revenue
Assessee (tenant) incurred expenditure on renovation of premises, however assessee did not get any benefit of lower rent, therefore the entire expenditure cannot be allowed as revenue. - 75% of the expenditure is to be treated as capital and 25% as revenue
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