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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

The contention of the assessee that the UPS is an energy saving ...


Court Rejects Assessee's Claim: UPS Not Eligible for 80% Depreciation as Energy-Saving Device.

February 24, 2014

Case Laws     Income Tax     AT

The contention of the assessee that the UPS is an energy saving device, therefore, depreciation @ 80% should be granted cannot be accepted - AT

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