<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Rigs Maintenance Costs by Asset Owner Allowed as Business Deductions Under Income Tax Regulations.</title>
    <link>https://www.taxtmi.com/highlights?id=4232</link>
    <description>Expenditure incurred on maintenance of rigs leased out - Assessee, being the owner of the asset, it was in its own interest, that the assets were maintained properly. Hence, the same is allowed as business expenditure. - AT</description>
    <language>en-us</language>
    <pubDate>Mon, 02 Jul 2012 11:55:51 +0530</pubDate>
    <lastBuildDate>Mon, 02 Jul 2012 11:55:51 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=294749" rel="self" type="application/rss+xml"/>
    <item>
      <title>Rigs Maintenance Costs by Asset Owner Allowed as Business Deductions Under Income Tax Regulations.</title>
      <link>https://www.taxtmi.com/highlights?id=4232</link>
      <description>Expenditure incurred on maintenance of rigs leased out - Assessee, being the owner of the asset, it was in its own interest, that the assets were maintained properly. Hence, the same is allowed as business expenditure. - AT</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Mon, 02 Jul 2012 11:55:51 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=4232</guid>
    </item>
  </channel>
</rss>