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Income Tax - Highlights / Catch Notes

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Claim of deduction as Current repairs u/s 31 - when each of the ...

Case Laws     Income Tax

April 6, 2017

Claim of deduction as Current repairs u/s 31 - when each of the Department/Division perform different functions, repair/substitution of an old machine will not come within the definition of the word “current repairs” and deduction cannot be claimed thereunder - SC

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