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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Assessee is entitled to claim 50% of additional depreciation in ...


Claim 50% Additional Depreciation Next Year for Short-Term Used Plant & Machinery Under 180 Days Rule.

May 28, 2016

Case Laws     Income Tax     AT

Assessee is entitled to claim 50% of additional depreciation in the succeeding year when the plant and machinery was put in use for less than 180 days in the preceding previous year. - AT

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