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SEC-30

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02 August 2010 CASE- A leak was found in the roof of a commercial building taken on rent, and apart of the roof had to be demolished and reconstructed.
Ques. What is the nature of exp. and what about its deduction?
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srinath

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srinath (Expert)
02 August 2010 since it s a rented building as per my understanding it should be a revenue exp....
so u can claim deduction u/s 30

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