TMI BlogDisallowance on account of depreciation - The re-classification of asset at the most makes a benign...Disallowance on account of depreciation - The re-classification of asset at the most makes a benign shift in the claim of depreciation of machinery block and computer block. Depreciation being a carried over allowance based on WDV; rate of tax being same is a revenue neutral exercise - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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