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COMMISSIONER OF INCOME-TAX versus P. S. JAIN & CO. LTD.


References References The question of the value of the law is used by motorists, tour operators and travel agents, and they are involved in the motor vehicle rental of the rental car for tourists, whether motorists (including trucks) when There is no difference between lease and rent. ) Are concerned whether the Tribunal can justify 50% of the deductions on trucks that are leased by the appraiser and are not rented out, citing the Indian Income Tax Act, 1961, section 256 (2) the appropriate law

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