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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

Disallowance - The extra depreciation allowable u/s 32(1)(iia) ...

Case Laws     Income Tax

February 28, 2014

Disallowance - The extra depreciation allowable u/s 32(1)(iia) in an extra incentive which has been earned and calculated in the year of acquisition but restricted for that year to 50% on account of usage - The so earned incentive must be made available in the subsequent year - AT

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