https://www.taxtmi.com/caselaws?id=358156 The High Court set aside the order disallowing a portion of lease rent as capital expenditure, remanding the matter to the Tribunal for fresh consideration. The Court emphasized the need for a proper evaluation of the lease agreement terms and conditions, directing the Tribunal to make a decision in line with the law. The Court refrained from expressing an opinion on the legal issues raised, allowing for further proceedings with all rights and contentions of the parties preserved. en-us Mon, 12 Feb 2018 00:00:00 +0530 Fri, 06 Apr 2018 07:46:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358156 The High Court set aside the order disallowing a portion of lease rent as capital expenditure, remanding the matter to the Tribunal for fresh consideration. The Court emphasized the need for a proper evaluation of the lease agreement terms and conditions, directing the Tribunal to make a decision in line with the law. The Court refrained from expressing an opinion on the legal issues raised, allowing for further proceedings with all rights and contentions of the parties preserved. Case-Laws Income Tax Mon, 12 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358156