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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Depreciation - the vehicles are not allowed to be used without ...


Depreciation Allowed on Uninsured Vehicles Used Post-Year-End for Showroom Demonstrations by Assessee.

January 25, 2015

Case Laws     Income Tax     AT

Depreciation - the vehicles are not allowed to be used without insurance, which was done after the end of the year - assessee had placed these vehicles in its showroom for Demo purposes - depreciation allowed - AT

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