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Income Tax - Highlights / Catch Notes

Home Highlights November 2012 Year 2012 This

Usage of pasteurised condensed milk is not necessary for the ...

Income Tax

November 29, 2012

Usage of pasteurised condensed milk is not necessary for the purpose of production of ghee and curd. Because the assessee used the standardised and pasteurised milk, we cannot grant the additional depreciation on the plant and machinery which are used for the purpose of standardisation and pasteurisation of milk. - AT

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