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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Depreciation - ownership - the technicality of an asset being ...

Income Tax

January 28, 2015

Depreciation - ownership - the technicality of an asset being registered in the name of the asset can not come in the way of an assessee’s eligibility for depreciation as long as such an asset is de facto owned by the assessee and is used for the purposes of the business. - AT

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