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Income Tax - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Revision u/s 263 - depreciation set off claim - in order to ...


Section 263 Update: Depreciation Claim Now Allowed Without Identical Business Continuity u/s 32(2.

November 23, 2015

Case Laws     Income Tax     AT

Revision u/s 263 - depreciation set off claim - in order to avail Section 32(2) depreciation claim, it is not necessary that the business carried on in the following previous year should be the same as it was carried on the preceding previous year - AT

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