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ITAT remanded matter to verify whether trust was owner of building for which repair exp. was incurred

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  • ITAT remanded matter to verify whether trust was owner of building for which repair exp. was incurred
Posted onon November 9, 2018

Tenet Tax Daily October 25 2018

By tenettax-team
Corporate Tax

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No deduction of provision for warranty if its estimated cost wasn’t on basis of past experience
Sec. 50C not applicable if assessee invested entire sale consideration in new house property u/s. 54F

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