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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

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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