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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Since assets were put to use for less than 180 days, ...

Income Tax

September 12, 2012

Since assets were put to use for less than 180 days, depreciation claimed only 50% of 15% - Balance additional depreciation was claimed by in instant assessment year - Law does not prohibit that balance 50% will not be allowed in succeeding year - AT

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