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Expenses separately claimed again by Partner against income received from partnership firm disallowed

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  • Expenses separately claimed again by Partner against income received from partnership firm disallowed
Posted onon March 12, 2020

Tenet Tax Daily March 12 2020

By tenettax-team
Corporate Tax

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Compensation paid in respect of land taken on lease pursuant to proceedings under Land Acquisition Act to be allowed as revenue expenditure only after examining lease agreement
Banking companies not required to apply the provisions of section 115JB

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