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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Claim of higher rate of depreciation - Mobile crane was ...


Court Approves 40% Depreciation Rate for Mobile Crane as Heavy Motor Vehicle Under Income Tax Act Section 32.

January 20, 2015

Case Laws     Income Tax     AT

Claim of higher rate of depreciation - Mobile crane was registered as a heavy motor vehicle - depreciation at 40% on crane mounted on motor truck allowed u/s 32 - AT

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