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Income Tax - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Rate of depreciation of books purchased for college library - ...

Income Tax

August 30, 2013

Rate of depreciation of books purchased for college library - Books were given to the students for which library charges were collected by the assessee-society. - as per para 9(ii) of the Schedule of Depreciation of the Income-tax Rules depreciation is to be allowed @ 100% - AT

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