9 results for “disallowance”+ Section 108clear
Sorted by relevance
Key Topics
In the result, the appeal of the assessee for A
Bench: Shri A.T. Varkey & Shri Manish Borad
disallowance of amortization leasehold lands. We thus decline to interfere”. 30. We, therefore under the given facts and circumstances of the case and respectfully following the decisions referred hereinabove, are of the view that the amortization of leasehold land and land development charges of Rs.18,73,242/- deserves to be allowed as an expenditure under section