Wednesday, May 6, 2015

Stamp Duty paid for Mining Lease Revenue Expenditure

[2015] 56 taxmann.com 396 (Hyderabad - Trib.)
IN THE ITAT HYDERABAD BENCH 'B'
NMDC Ltd.
v.
Joint Commissioner of Income-tax, Range-16, Hyderabad

Stamp duty paid for renewal of mining lease was allowable as revenue expenditure

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