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Income Tax - Highlights / Catch Notes

Home Highlights August 2014 Year 2014 This

Depreciation on leased asset - Solar Generating System – Once, ...


Depreciation Allowed on Leased Solar Systems Once Lease Rentals Are Accepted by Revenue Authorities.

August 27, 2014

Case Laws     Income Tax     AT

Depreciation on leased asset - Solar Generating System – Once, lease rentals are accepted by the revenue, there is no reason to disallow the depreciation - AT

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