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Income Tax - Highlights / Catch Notes

Home Highlights October 2016 Year 2016 This

The assessee under consideration has one truck only and the same ...

Case Laws     Income Tax

October 6, 2016

The assessee under consideration has one truck only and the same was being used for purpose of business, hence depreciation should be allowed to the assessee - since the truck are not used for renting, provisions of presumptive income U/s 44AE not applicable - AT

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