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Even advance payment for flat would be eligible for sec. 54 relief

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  • Even advance payment for flat would be eligible for sec. 54 relief
Posted onon January 28, 2017

Tenet Tax Daily January 28 2017

By tenettax-team
Corporate Tax

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Open charges paid to Power Grid for use of transmission lines couldn’t be held as royalty
Sec. 179 tax recovery can be made from director after considering his shareholding and extent of control over Co.

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