https://www.taxtmi.com/highlights?id=40529 Nature of expenditure - payment made to sub-tenant - In fact, through the negotiation the assessee acquired some kind of an enduring right of possession over the occupied area of the said premises surrendered to them by those occupants. It had the incidents of permanence - the expenditure was capital in nature. en-us Thu, 26 Jul 2018 14:43:36 +0530 Thu, 26 Jul 2018 14:43:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=40529 Nature of expenditure - payment made to sub-tenant - In fact, through the negotiation the assessee acquired some kind of an enduring right of possession over the occupied area of the said premises surrendered to them by those occupants. It had the incidents of permanence - the expenditure was capital in nature. Highlights Income Tax Thu, 26 Jul 2018 14:43:36 +0530 https://www.taxtmi.com/highlights?id=40529