Depreciation on Electrical Fittings – 15% or 25% - once a ...
Case Laws Income Tax
September 19, 2013
Depreciation on Electrical Fittings – 15% or 25% - once a particular depreciable asset enters the block it losses its identity and it is not possible to apply the new rates of depreciation on the written down value of the electrical installation by carving out its WDV from the block of assets, plant and machinery - AT
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