Sheds on leasehold land classified as revenue expenditure due to lack of renovation or improvement on existing structures. https://www.taxtmi.com/highlights?id=21758 Sheds constructed on lease-hold land - there was no building or any structure in existence on the land in relation to which any renovation or extension or improvement or any similar work was carried out by the assessee - allowed as revenue expenditure - AT en-us Thu, 12 Feb 2015 08:37:22 +0530 Thu, 12 Feb 2015 08:37:22 +0530 TaxTMI RSS Generator Sheds on leasehold land classified as revenue expenditure due to lack of renovation or improvement on existing structures. https://www.taxtmi.com/highlights?id=21758 Sheds constructed on lease-hold land - there was no building or any structure in existence on the land in relation to which any renovation or extension or improvement or any similar work was carried out by the assessee - allowed as revenue expenditure - AT Highlights Income Tax Thu, 12 Feb 2015 08:37:22 +0530 https://www.taxtmi.com/highlights?id=21758