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Court Upholds Revision Order u/s 263: Clubhouse Construction Expenses Not Deductible Without Bylaws.

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Full Text of the Document

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....Revision order u/s 263 – The bylaws of the Society or of the club not framed not shown - It was a crucial question whether expenditure incurred on construction of club house ought to be allowed to the assessee while recognizing the revenue - revision upheld - AT....

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