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Income Tax - Highlights / Catch Notes

Home Highlights June 2014 Year 2014 This

Disallowance of building renovation expenses – Capital or ...


Renovation Costs Deemed Revenue Expenses, Deductible Under Income Tax Act's Section 37(1.

June 26, 2014

Case Laws     Income Tax     AT

Disallowance of building renovation expenses – Capital or revenue expenses - the expenses are to be treated as revenue in nature and allowable u/s 37(1) of the Act - AT

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