https://www.taxtmi.com/highlights?id=53950 Nature of stamp duty paid in relation to the leased business premises - Revenue or capital expenditure - lease was for a period of 10 years - The same is not a deferred revenue expenditure - AO directed to allow the stamp duty charges paid by the assessee as an expenditure for the current year holding it to be revenue expenditure in nature allowable u/s 37(1). en-us Wed, 08 Jul 2020 11:55:55 +0530 Wed, 08 Jul 2020 11:55:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53950 Nature of stamp duty paid in relation to the leased business premises - Revenue or capital expenditure - lease was for a period of 10 years - The same is not a deferred revenue expenditure - AO directed to allow the stamp duty charges paid by the assessee as an expenditure for the current year holding it to be revenue expenditure in nature allowable u/s 37(1). Highlights Income Tax Wed, 08 Jul 2020 11:55:55 +0530 https://www.taxtmi.com/highlights?id=53950