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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Scope of the term Current Repairs - Disallowance of the cost of ...

Case Laws     Income Tax

November 4, 2013

Scope of the term Current Repairs - Disallowance of the cost of chamber assembly – Replacing compressor in the air-condition machine and picture tube in the television set would come within the connotation of “current repairs“ under section 31(i) - AT

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