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Income Tax - Highlights / Catch Notes

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Deduction u/s 37 – assessee was compulsorily required to build a ...

Income Tax

June 4, 2014

Deduction u/s 37 – assessee was compulsorily required to build a new shop on land which was not his own property - Expenses on premises taken on lease towards repairs, fixtures etc. allowed as revenue expenditure - HC

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