Costs for Reconditioning Worn Buses Classified as Revenue Expenditures, No Body or Engine Replacement Involved.

Costs for Reconditioning Worn Buses Classified as Revenue Expenditures, No Body or Engine Replacement Involved. https://www.taxtmi.com/highlights?id=18984 Expenses incurred for reconditioning of over aged buses – body, engine of the buses are not replaced, but it is only repairing of ware and tare - expenditure are revenue in nature - HC en-us Sat, 21 Jun 2014 14:12:47 +0530 Sat, 21 Jun 2014 14:12:47 +0530 TaxTMI RSS Generator Costs for Reconditioning Worn Buses Classified as Revenue Expenditures, No Body or Engine Replacement Involved. https://www.taxtmi.com/highlights?id=18984 Expenses incurred for reconditioning of over aged buses – body, engine of the buses are not replaced, but it is only repairing of ware and tare - expenditure are revenue in nature - HC Highlights Income Tax Sat, 21 Jun 2014 14:12:47 +0530 https://www.taxtmi.com/highlights?id=18984