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Income Tax - Highlights / Catch Notes

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Disallowance on property tax - non running business - It is not ...


Non-Operating Business Can Claim Property Tax Deduction Without Immediate Construction on Industrial Plot.

November 26, 2016

Case Laws     Income Tax     AT

Disallowance on property tax - non running business - It is not necessary that after acquiring the right upon industrial plot the assessee should immediately construct the building and to start any another unit collateral to his object - claim of expenditure allowed - AT

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