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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Disallowance of renovation expenses of office on rented premises ...

Case Laws     Income Tax

April 22, 2015

Disallowance of renovation expenses of office on rented premises - Once 50 per cent. of the expenditure has been disallowed as capital expenditure, we do not find any reason to deviate from such findings, as allowance of 50 per cent. of revenue expenditure actually meet the ends of justice - AT

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