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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Depreciation claim denied - earlier claim as application of ...

Income Tax

September 7, 2015

Depreciation claim denied - earlier claim as application of income u/s 11 - depreciation is allowable on capital assets on the income of the charitable trust for determining the quantum of funds which have to be applied for the purpose of trusts in terms of section 11 of the Act. - AT

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