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HC allows deduction of Rs. 4 crore incurred by ‘Idea’ on an abandoned project
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Corporate Tax
HC allows deduction of Rs. 4 crore incurred by ‘Idea’ on an abandoned project
Posted on
on
January 10, 2017
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By
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Corporate Tax
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Income from leasing out business assets for a limited period to carry out production activity is business income
U/s 179 assessee director could not be asked to substantiate basic issue as to whether company was a public limited company
