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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Depreciation - the assessee was eligible for depreciation on the ...


Assessee Eligible for Depreciation on "Right to Collect Toll" as Intangible Asset u/s 32(1)(ii) of Income Tax Act.

January 10, 2014

Case Laws     Income Tax     AT

Depreciation - the assessee was eligible for depreciation on the ‘Right to collect Toll’, being an ‘intangible asset’ falling within the purview of section 32(1)(ii) of the Act - AT

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