Nature of expenditure - current repairs - cost of replacement of ...

Case Laws Income Tax

January 14, 2020

Nature of expenditure - current repairs - cost of replacement of machineries like Motor Rollers, Spindles, Gears etc. in the Textile Mill - the replacement of the machineries as a whole by the Assessee cannot be held to be current repairs or allowable revenue expenditure

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Nature of expenditure - current repairs - cost of replacement of ...

Case Laws Income Tax

January 14, 2020

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