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Sec. 54: Booking of unconstructed flat in housing project to be deemed as investment for construction of house

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  • Sec. 54: Booking of unconstructed flat in housing project to be deemed as investment for construction of house
Posted onon April 2, 2015

Tenet Tax Daily April 01 2015

By tenettax-team
Corporate Tax

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No reassessment after 4 years to disallow sums paid to NR if assessee had already disclosed all material facts
Cost of production of abandoned TV serial was allowable as business exp. to its producer

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