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Sum incurred on floor repairing and replacement of tiles of building deemed as current repairs

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Posted onon December 19, 2013

Tenet Tax Daily December 19 2013

By tenettax-team
Corporate Tax

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Interest paid by Indian branch to its foreign head office not taxable in India; no disallowance for TDS default
Receipts from letting out of property for commercial activities held taxable as business receipts

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