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Income Tax - Highlights / Catch Notes

Home Highlights January 2013 Year 2013 This

Depreciation - Capital subsidy – According to Explanation 10 ...

Income Tax

January 2, 2013

Depreciation - Capital subsidy – According to Explanation 10 and proviso to sub-section (1) of Section 43, the subsidy amount shall be deducted in the actual cost of the asset of the assessee. - HC

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