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Excess claim of depreciation - Equipments given on hire - cost of acquisition u//s 43(1) - It defies all the logics that any Equipment commercially exploited for at least three months by giving it on hire, after purchase, would fetch the same price at which it was acquired. - Tri

Income Tax - Excess claim of depreciation - Equipments given on hire - cost of acquisition u//s 43(1) - It defies all th .....

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