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Income Tax - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

Sale of scrap generated while repairing building - to be taxed ...

Case Laws     Income Tax

June 23, 2018

Sale of scrap generated while repairing building - to be taxed as separate income or to be adjusted against the written down value of the block of asset - the scrap sale to be adjusted against the written down value of the assets. - not to be taxed separately as income.

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