https://www.taxtmi.com/highlights?id=39843 Lease rent payment - nature of expenditure -assessee acquired the land on lease for 33 years, the capital structure did not undergo any change. The assessee has merely acquired the facility to carry on business profitably by paying nominal lease rent thus revenue expenditure. en-us Tue, 12 Jun 2018 08:47:04 +0530 Tue, 12 Jun 2018 08:47:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=39843 Lease rent payment - nature of expenditure -assessee acquired the land on lease for 33 years, the capital structure did not undergo any change. The assessee has merely acquired the facility to carry on business profitably by paying nominal lease rent thus revenue expenditure. Highlights Income Tax Tue, 12 Jun 2018 08:47:04 +0530 https://www.taxtmi.com/highlights?id=39843