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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Disallowance of expenses and depreciation - the assessee showed ...

Case Laws     Income Tax

January 2, 2019

Disallowance of expenses and depreciation - the assessee showed the alienation of the parcel of the land at Baramati. There is nothing on record that the assessee has wound up the business. There is a temporary lull in the business - Claim of deduction allowed.

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