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Assessee is entitled to claim 50 of additional depreciation in the succeeding year when the plant and machinery was put in use for less than 180 days in the preceding previous year. - Tri

Income Tax - Assessee is entitled to claim 50% of additional depreciation in the succeeding year when the plant and machinery was put in use for less than 180 days in the preceding previous year. - Tri - TMI Tax Updates - Highlights .....

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