Depreciation claim - since the ponds were specially designed for ...
Prawn Rearing Ponds Classified as Business Tools, Eligible for Depreciation Claims Under Tax Regulations.
September 17, 2015
Case Laws Income Tax SC
Depreciation claim - since the ponds were specially designed for rearing/breeding of the prawns, they have to be treated as tools of the business of the assessee and the depreciation was admissible on these ponds. - SC
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