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Income Tax - Highlights / Catch Notes

Home Highlights May 2015 Year 2015 This

Depreciation - nature of Industrial Investment Promotion ...


Subsidy Receipts Excluded from Fixed Assets Cost in Depreciation Calculations for Tax Purposes: Impact on Cost Basis.

May 21, 2015

Case Laws     Income Tax     AT

Depreciation - nature of Industrial Investment Promotion Assistance - subsidy receipt should not be reduced from the actual cost of fixed assets for computing depreciation under the provisions of the Act - AT

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