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Income Tax - Highlights / Catch Notes

Home Highlights January 2016 Year 2016 This

Depreciation - only 10% area was let out by the assessee to its ...

Case Laws     Income Tax

January 6, 2016

Depreciation - only 10% area was let out by the assessee to its associated concerns for administrative work whereas the remaining area was being used by it. Thus, depreciation only to the extent of 1/10th was disallowed - HC

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