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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Claim of terminal depreciation - assessee had in fact claimed ...


High Court Upholds Terminal Depreciation Claim u/s 32 of Income Tax Act; Terminology Not a Disqualification.

August 12, 2015

Case Laws     Income Tax     HC

Claim of terminal depreciation - assessee had in fact claimed depreciation as contemplated under section 32 merely because it was termed as "terminal depreciation" was no reason to disallow the claim - HC

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