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Exp. on repair and renovation of rented premises used for the purpose of business is revenue in nature
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Corporate Tax
Exp. on repair and renovation of rented premises used for the purpose of business is revenue in nature
Posted on
on
October 17, 2014
Tenet Tax Daily October 15 2014
By
tenettax-team
Corporate Tax
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ITAT allows sec. 54 relief for two flats as their layout plan indicated that both were used as a single unit
No penalty for setting off unabsorbed depreciation and losses against capital gains on wrong advice on counsel
