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Case Law Details

Case Name : CIT Vs M/s Bhushan Steels & Strips Ltd. (Delhi High Court)
Appeal Number : I.T.A. No. 314/2003
Date of Judgement/Order : 01/12/2016
Related Assessment Year :
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Issue:

Whether the assessee is entitled to depreciation under Section 32 of the Income Tax Act even when the assessee was not the owner of the property in question and was in possession thereof as a lessee during the year under consideration?

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