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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

Depreciation - where it is possible to reasonably allocate the ...


Depreciation Permissible Only After Reasonable Cost Allocation Between Building and Land.

February 17, 2014

Case Laws     Income Tax     AT

Depreciation - where it is possible to reasonably allocate the cost of acquisition between that of building and of land, the depreciation should be allowed only after making such allocation - AT

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