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Income Tax - Highlights / Catch Notes

Home Highlights September 2014 Year 2014 This

Entitlement for 100% depreciation on value of cylinders ...

Income Tax

September 12, 2014

Entitlement for 100% depreciation on value of cylinders purchased – an article whose cost is less than ₹ 5,000/- cannot form part of the block of assets much less the depreciation is subjected to any test as to extent of use - HC

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