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![Lease Compensation Charges are ‘Revenue Expenditure’, Allowable as Deduction u/s 36(1)(iii): Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Madras-High-Court-Tax-Scan-1.jpg "Lease Compensation Charges are ‘Revenue Expenditure’, Allowable as Deduction u/s 36(1)(iii): Madras HC [Read Judgment]")
Lease Compensation Charges are ‘Revenue Expenditure’, Allowable as Deduction u/s 36(1)(iii): Madras HC [Read Judgment]
The division bench of Madras High Court held that, Lease compensation charges should be treated as ‘revenue expenditure’ and hence allowable as...