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Income Tax - Highlights / Catch Notes

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Depreciation on wireless devices - @ 25% OR 60% - intelligent ...

Income Tax

July 1, 2019

Depreciation on wireless devices - @ 25% OR 60% - intelligent wireless systems, which were ideal for BPO office professionals and the said devices were compatible with certain types of PCs only, could be connected to computers via Bluetooth and similar technology - mere connection with computers would not make it part of computers eligible for deduction u/s 32 - depreciation @ 25%

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