Depreciation on machinery and equipments - Depreciation @ 25% or 100% - Even before this Court, learned...

Depreciation on machinery and equipments - Depreciation @ 25% or 100% - Even before this Court, learned counsel for the Assessee was unable to demonstrate why the depreciation on the equipments in question should be allowed @ 100% and in respect of ‘approach road, drainage, bore wells, reservoir etc.” it should be 25% and not 100%. - HC .....

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