https://www.taxtmi.com/caselaws?id=19801 Payment made to secure vacant possession of leased premises and remove an unauthorised occupant was held to be revenue expenditure because it was incurred to clear an impediment to the existing business use of the property. The assessee already held a leasehold interest and was engaged in letting out properties; the outlay did not create any new leasehold, tenancy right, or other enduring asset, and was commercially expedient to enable immediate re-letting at a higher rent. It was therefore allowable as a business deduction. en-us Wed, 22 Dec 1993 00:00:00 +0530 Mon, 09 Nov 2009 17:48:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19801 Payment made to secure vacant possession of leased premises and remove an unauthorised occupant was held to be revenue expenditure because it was incurred to clear an impediment to the existing business use of the property. The assessee already held a leasehold interest and was engaged in letting out properties; the outlay did not create any new leasehold, tenancy right, or other enduring asset, and was commercially expedient to enable immediate re-letting at a higher rent. It was therefore allowable as a business deduction. Case-Laws Income Tax Wed, 22 Dec 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19801