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Lessor allowed to claim depreciation as there was no doubt on purchase and letting out of machinery
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Corporate Tax
Lessor allowed to claim depreciation as there was no doubt on purchase and letting out of machinery
Posted on
on
March 24, 2014
Tenet Tax Daily March 24 2014
By
tenettax-team
Corporate Tax
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Additional claim can be made only by filing a revised return and not by filing a revised computation
Rental income of godown constructed on an agricultural land couldn’t be termed as agriculture income.
