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Income Tax - Highlights / Catch Notes

Home Highlights September 2014 Year 2014 This

Deduction from estimated income - depreciation and interest, ...

Case Laws     Income Tax

September 7, 2014

Deduction from estimated income - depreciation and interest, which are otherwise deductable in the ordinary course of assessment, remain the same legal character, even where the profit of assessee is determined on percentage basis - HC

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