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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Depreciation – asset in question was vacant for part period and ...


Asset Depreciation Denied for Unused Period Due to Lack of Business Use and Profit Generation.

November 27, 2013

Case Laws     Income Tax     AT

Depreciation – asset in question was vacant for part period and not put to use by the assessee company for the purpose of carrying on its business and earning profits there from - no depreication - AT

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