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Income Tax - Highlights / Catch Notes

Home Highlights October 2020 Year 2020 This

Replacement of Primary Adaptive Display and Tail Rotor Blade are ...

Case Laws     Income Tax

October 5, 2020

Replacement of Primary Adaptive Display and Tail Rotor Blade are essential to keep the aircraft in a running usable condition and the replacements do not enhance the useful life of the aircraft. Thus, the impugned repairs would fall under ‘current repairs’ which were essential to keep the aircraft in a running condition. - AT

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