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Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Building which is constructed solely for the manufacturing of ...


High Court Rules Medicine Manufacturing Building Qualifies as "Plant" for 25% Depreciation, Boosting Tax Benefits.

April 20, 2016

Case Laws     Income Tax     HC

Building which is constructed solely for the manufacturing of medicine is a 'plant' and is entitled to higher depreciation at the rate of 25% - HC

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