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Income Tax - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

Depreciation @60% is allowed on UPS instead of 15% being assumed ...

Income Tax

September 1, 2017

Depreciation @60% is allowed on UPS instead of 15% being assumed it as part of Computer system.

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  9. Additional depreciation on ATMs - whether Automated Teller Machines are substantially in the nature of computers - Held Yes - AO directed to allow depreciation @ 60% to ATMs - AT

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