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Income Tax - Highlights / Catch Notes

Home Highlights September 2020 Year 2020 This

Depreciation on Floor Space Index (FSI) - @ 10% or 25% - ...

Income Tax

September 24, 2020

Depreciation on Floor Space Index (FSI) - @ 10% or 25% - depreciation on intangible assets - having not filed appeal against such decision of CIT (A), revenue cannot now raise a dispute as to percentage of depreciation. No good ground to disturb the finding of the Tribunal on this point. - HC

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