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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Rate of depreciation u/s. 32 - any amendments in the Act which ...


Income Tax Act Amendments: Depreciation Rate Changes u/s 32 Not Applicable for Previous Financial Year Assessments.

September 23, 2012

Case Laws     Income Tax     HC

Rate of depreciation u/s. 32 - any amendments in the Act which come into force after the first day of April of a financial year, would not apply to the assessment for that year, even if the assessment is actually made after the amendments come into force - HC

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