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Income Tax - Highlights / Catch Notes

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Depreciation on residential property - AO directed to allow ...

Income Tax

January 13, 2020

Depreciation on residential property - AO directed to allow depreciation as claimed by the assessee on residential premises, but verify the fact with regard to deduction claimed u/s 24(a) - In case, the assessee claimed deduction u/s 24(a), then the same needs to be disallowed.

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