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MARWARI HOTEL versus


Indian Income Tax Act 1961 Construction of a building on obsolete leasehold hold land, as per the contract, with the leasehold handing over the monopoly to the building, demolishing or demolishing the building within the meaning of section 32 (1) (iii). Related books are not valid under the Compensation Allowance. Section 32 (1) (iii) of the Indian Income Tax Act, 1961, Section 32 (1) (iii) cannot be claimed.

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