TMI BlogThe properties acquired by the assessee during the year were being used for the purpose of business and,...The properties acquired by the assessee during the year were being used for the purpose of business and, therefore, the assessee was entitled for the depreciation, and no question of adding annual value as income from house property under section 22 arises - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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