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Income Tax - Highlights / Catch Notes

Home Highlights November 2016 Year 2016 This

Claim of depreciation on the lump sum consideration paid for ...


Depreciation Allowed on Lump Sum Payment for Client Base Creation as Intangible Asset at 25% Rate.

November 7, 2016

Case Laws     Income Tax     AT

Claim of depreciation on the lump sum consideration paid for creation of client base as an intangible asset - Client creation cost is an intangible asset and is eligible for depreciation at 25% - AT

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