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Income Tax - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Entitlement to claim 100% depreciation on the ...


Court Rules Construction Materials as "Plant" for Tax: Eligible for Full Depreciation Despite Independent Use Limitations.

June 25, 2015

Case Laws     Income Tax     HC

Entitlement to claim 100% depreciation on the centering/shuttering material - poles used in shuttering/ centring work would also be plant no matter that they cannot be used on a stand alone basis. - HC

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