Determination of depreciation.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ule, in respect of all the business capital assets forming part of the relevant block of assets specified therein; and (b) "nil", in respect of any other business capital asset not forming part of any block of assets specified in the Fifteenth Schedule. (2) The depreciation allowance on assets referred to in section 37 shall, notwithstanding the fact that all business capital as .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ) the asset does not form part of any block of assets specified in the Fifteenth Schedule; or (b) the expenditure incurred for acquiring the asset has been allowed as a deduction under any provision of this Code. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X