Higher Depreciation Rate Approved for Two-Wheeler Manufacturer's Moulds, Usage Location Deemed Irrelevant for Tax Purposes.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Depreciation on plastic mould - two wheeler manufacturer - it is immaterial whether the plastic /rubber moulds were used in the factory premises of the assessee or vendors - depreciation allowed at higher rate - AT....