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Fine for traffic violation isn’t deductible as business expenditure: Kolkata ITAT

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  • Fine for traffic violation isn’t deductible as business expenditure: Kolkata ITAT
Posted onon April 10, 2017

Tenet Tax Daily April 06 2017

By tenettax-team
Corporate Tax

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In case of old windmill purchased at higher cost to claim excessive depreciation, actual cost was to be reduced
Order for direction for special audit was not to be quashed as interest of revenue wasn’t mentioned

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