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Income Tax - Highlights / Catch Notes

Home Highlights October 2017 Year 2017 This

The firm was not a tenant/had not paid for acquisition of ...

Case Laws     Income Tax

October 25, 2017

The firm was not a tenant/had not paid for acquisition of tenancy right but has made payments to the legal heirs of the deceased partners and has reflected the same as payment made for acquisition of tenancy rights in its books of account - Depreciation on tenancy rights denied.

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