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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

Depreciation - In the business, temporary stoppage of ...


Temporary Production Halt Doesn't Affect Asset Depreciation Claims for Tax Purposes-Supported by Case Law Interpretation.

February 5, 2014

Case Laws     Income Tax     AT

Depreciation - In the business, temporary stoppage of manufacturing process would not disentitle from the assessee's claim of depreciation in respect of the said block of assets - AT

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