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Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

If the assessee claims exemption u/s 11 under Chapter III of the ...


Entities Cannot Claim Exemption and Depreciation Simultaneously Under Income Tax Act Sections 11 and 32.

April 12, 2016

Case Laws     Income Tax     AT

If the assessee claims exemption u/s 11 under Chapter III of the Act, it cannot claim depreciation u/s 32 - AT

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