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Income Tax - Highlights / Catch Notes

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Depreciation on assets - temporary building - The fact that ...

Income Tax

September 3, 2018

Depreciation on assets - temporary building - The fact that WBSEB and WBSEDCL had claimed depreciation at 10% on these temporary structures cannot be the basis to disallow a legitimate claim of depreciation at 100% on temporary structures which is otherwise allowable to the assessee in law.

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