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Rent paid for assets taken on finance lease with buy-back option allowable as revenue expenditure
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Corporate Tax
Rent paid for assets taken on finance lease with buy-back option allowable as revenue expenditure
Posted on
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February 19, 2020
Tenet Tax Daily February 19 2020
By
tenettax-team
Corporate Tax
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Writ petition challenging 148 notice not maintainable as alternate remedies not exhausted.
No interference with Tribunal order since there was no material to prove that assessee kept amounts outside its books of account