Statute does not prescribe a minimum time-limit for use of the ...

Income Tax

November 25, 2013

Statute does not prescribe a minimum time-limit for use of the machinery and hence the assessee cannot be denied the benefit of depreciation on the ground that the machinery was used for a very short duration for trial run - AT

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Statute does not prescribe a minimum time-limit for use of the ...

Income Tax

November 25, 2013

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