Exp. incurred by construction co. for completing construction after sale of building eligible for deduction u/s. 37(1)

INCOME TAX : Where assessee company, engaged in business of construction and sale of residential and commercial building complexes, sold a building which was under construction at time of sale and incurred expenditure for completing its construction during financial year subsequent to sale of building, such expenditure was liable for deduction under section 37(1)

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