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Income Tax - Highlights / Catch Notes

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Depreciation on paintings which were part of furniture and ...


Depreciation Allowed on Paintings as Part of Furniture and Fixtures in Offices and Production Settings.

November 7, 2013

Case Laws     Income Tax     AT

Depreciation on paintings which were part of furniture and fixtures - either hung in the office or given to the producer for the original shoots, or used in various setting - depreciation allowed - AT

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