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Income Tax - Highlights / Catch Notes

Home Highlights December 2011 Year 2011 This

Depreciation on ATMs - ATM cannot be considered as computers, or ...


ATMs Not Classified as Computers for Depreciation, Ineligible for Computer Depreciation Rates under Income Tax Laws.

December 28, 2011

Case Laws     Income Tax     AT

Depreciation on ATMs - ATM cannot be considered as computers, or parts thereof. - ATM's cannot be granted depreciation at the rates applicable to computers.... - AT

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