PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Extensive renovation expenditure on leased premises - capital or revenue - in view of Explanation 1 to Section 32, it has become immaterial as to whether the assessee is the owner of the building or the lessee and there is no scope left for any interpretation since the assessee is treated as the owner of the building for the period of their occupation - CIT(A) and ITAT wrongly allowed it as revenue expenditure - to be treated as capital expenditure
Extensive renovation expenditure on leased premises - capital or revenue - in view of Explanation 1 to Section 32, it has become immaterial as to whether the assessee is the owner of the building or the lessee and there is no scope left for any interpretation since the assessee is treated as the owner of the building for the period of their occupation - CIT(A) and ITAT wrongly allowed it as revenue expenditure - to be treated as capital expenditure
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