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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

The asset is put to repair and the material used for repair of ...

Income Tax

September 7, 2015

The asset is put to repair and the material used for repair of plant & machinery cannot be said to be the scrap value on account of sale or discarding or demolishing or disturbing of the asset in question. - claim of depreciation allowed - AT

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