Re-classification of Assets for Depreciation: Minor Adjustment in Machinery and Computer Blocks, Revenue-Neutral Impact.

Disallowance on account of depreciation - The re-classification of asset at the most makes a benign shift in the claim of depreciation of machinery block and computer block. Depreciation being a carried over allowance based on WDV; rate of tax being same is a revenue neutral exercise - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X