<?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>Conversion and parking charges to government are revenue expenditures, not capital; classified as levies or taxes.</title>
    <link>https://www.taxtmi.com/highlights?id=16528</link>
    <description>Conversion charges and parking charges – Revenue or capital expenditure in nature - the benefits of which might accrue to the assessee for indefinite period of time - The expenditure were in the nature of levies/taxes paid by an assessee to a government authority - revenue in nature - AT</description>
    <language>en-us</language>
    <pubDate>Wed, 25 Dec 2013 17:10:59 +0530</pubDate>
    <lastBuildDate>Wed, 25 Dec 2013 17:10:59 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=340748" rel="self" type="application/rss+xml"/>
    <item>
      <title>Conversion and parking charges to government are revenue expenditures, not capital; classified as levies or taxes.</title>
      <link>https://www.taxtmi.com/highlights?id=16528</link>
      <description>Conversion charges and parking charges – Revenue or capital expenditure in nature - the benefits of which might accrue to the assessee for indefinite period of time - The expenditure were in the nature of levies/taxes paid by an assessee to a government authority - revenue in nature - AT</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Wed, 25 Dec 2013 17:10:59 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=16528</guid>
    </item>
  </channel>
</rss>