Question: Case 2: Anagram limited owned a flat in Mumbai. The expected rental of the flat was 6.3 lakhs a year. The company was running its

Case 2: Anagram limited owned a flat in Mumbai. The expected rental of the flat was 6.3 lakhs a year. The company was running its office from the flat. In the previous year, 2012–13, the company spent 30,000 in repairs and maintenance of the flat. How would the use of the premises and repairs be treated while calculating the company’s taxable income?

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