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Rent paid for assets taken on finance lease with buy-back option allowable as revenue expenditure

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Posted onon February 19, 2020

Tenet Tax Daily February 19 2020

By tenettax-team
Corporate Tax

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Writ petition challenging 148 notice not maintainable as alternate remedies not exhausted.
No interference with Tribunal order since there was no material to prove that assessee kept amounts outside its books of account

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