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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

Depreciation - Whether the chlorine toners used by the assessee ...


Tax Court Rules Chlorine Toners Don't Qualify as Gas Cylinders for 60% Depreciation Rate.

February 3, 2014

Case Laws     Income Tax     HC

Depreciation - Whether the chlorine toners used by the assessee were gas cylinders – Gas cylinders including valves and regulators were entitled to depreciation at the rate of 60% - HC

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