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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Depreciation claim - since the ponds were specially designed for ...

Case Laws     Income Tax

September 17, 2015

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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