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Income Tax - Highlights / Catch Notes

Home Highlights April 2017 Year 2017 This

Depreciation on plant machinery installed at customer's site ...

Income Tax

April 10, 2017

Depreciation on plant machinery installed at customer's site free of cost - AO’s objection was that since the equipments in question had not been installed at the assessee’s factory premises, it cannot be said that the equipments were used for the purpose of assessee’s business - Views of the AO cannot sustain - AT

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