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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Disallowance of depreciation by applying Explanation 10 to ...

Income Tax

August 22, 2015

Disallowance of depreciation by applying Explanation 10 to section 43(1) - the action of the AO in reducing the subsidy from the cost/w.d.v of assets for allowing depreciation u/s. 32 is held to be not tenable and addition made on this account is deleted - AT

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