Claim of deduction as Current repairs u/s 31 - when each of the ...

Income Tax Act Section 31: Expenses for Repair or Replacement of Old Machinery Not Deductible as Current Repairs.

April 6, 2017

Case Laws Income Tax SC

Claim of deduction as Current repairs u/s 31 - when each of the Department/Division perform different functions, repair/substitution of an old machine will not come within the definition of the word “current repairs” and deduction cannot be claimed thereunder - SC

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Claim of deduction as Current repairs u/s 31 - when each of the ...

Income Tax Act Section 31: Expenses for Repair or Replacement of Old Machinery Not Deductible as Current Repairs.

April 6, 2017

Case Laws Income Tax SC

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