CIT Can Classify Net Present Value Payments for Afforestation by Mining Lessees as Revenue Expenditure. https://www.taxtmi.com/highlights?id=19543 CIT is justified in holding the payment on net present value as afforestation charges in respect of the mining lessees already obtained has been decided and is treated as revenue expenditure - AT en-us Tue, 05 Aug 2014 13:51:12 +0530 Tue, 05 Aug 2014 13:51:12 +0530 TaxTMI RSS Generator CIT Can Classify Net Present Value Payments for Afforestation by Mining Lessees as Revenue Expenditure. https://www.taxtmi.com/highlights?id=19543 CIT is justified in holding the payment on net present value as afforestation charges in respect of the mining lessees already obtained has been decided and is treated as revenue expenditure - AT Highlights Income Tax Tue, 05 Aug 2014 13:51:12 +0530 https://www.taxtmi.com/highlights?id=19543