Tribunal held that the payment of, differential lease premium and processing fees for acquiring fixed asset is capital expenditure, however depreciation is allowable. (AY.2012-13)
Nuclear Healthcare Limited v. ACIT (2020) 83 ITR 35 (SN) (Mum.)(Trib.)
S. 37(1) : Business expenditure-Capital or revenue- Differential lease premium and processing fees-Fixed asset-Capital expenditure- Depreciation allowable. [S. 32]