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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Depreciation on leased premises - there being no user in any ...

Income Tax

January 7, 2015

Depreciation on leased premises - there being no user in any earlier year, the same does not qualify to be depreciable asset, for the provision of section 32(1)(iii) to apply, i.e., on it being sold, discarded, destroyed, etc. - AT

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