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fire fitting expenditure deduction.
can i get fire fitting expenditure deduction as a revenue expenditure under the act,if i am running the business of construction.?
Replies (5)
Yes, if its installed in the building which is constructed for sale...
if it is cobstructed for own purpose.then?
If treated as fixed assets, depreciation can be claimed.
okk
yes you can claim it as expenditure if constructed for sale
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