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Income Tax - Highlights / Catch Notes

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Additional depreciation u/s 32(1)(iia) - manufacturing in ...

Income Tax

Additional depreciation u/s 32(1)(iia) - manufacturing in term of section 2(29BA) - Vital fact, which is not disputed by revenue, that the assessee is purchasing plastic granule/raw material and manufacturing packing material therefrom such as jar/pouches/bottles make the assessee fully eligible for “additional depreciation”. - AT

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