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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Disallowance on account of lease payment made by the assessee - ...

Case Laws     Income Tax

August 6, 2015

Disallowance on account of lease payment made by the assessee - Lease charges paid for the use of the asset, without acquiring any ownership rights in the same, are allowable as revenue expenditure u/s 37 - AT

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