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Income Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Depreciation on computer systems on the WDV @60% - display ...

Income Tax

February 25, 2017

Depreciation on computer systems on the WDV @60% - display system - AO has reduced the depreciation rate claimed at 60% to 15% - Since assessee was already getting depreciation at 60%, on the principles of consistency depreciation 60% is to be allowed in the impugned assessment years as well. - AT

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