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ITAT remanded matter to verify whether trust was owner of building for which repair exp. was incurred
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Corporate Tax
ITAT remanded matter to verify whether trust was owner of building for which repair exp. was incurred
Posted on
on
November 9, 2018
Tenet Tax Daily October 25 2018
By
tenettax-team
Corporate Tax
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No deduction of provision for warranty if its estimated cost wasn’t on basis of past experience
Sec. 50C not applicable if assessee invested entire sale consideration in new house property u/s. 54F