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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Additional depreciation on Ready Mix Concrete [RMC] - assessee ...


Assessee Denied Additional Depreciation on Machinery for Ready Mix Concrete Production; Not Considered Manufacturing Under Tax Laws.

May 7, 2016

Case Laws     Income Tax     AT

Additional depreciation on Ready Mix Concrete [RMC] - assessee is not entitled for additional depreciation in respect of machinery used since production of ready mix concrete would not amount to manufacture of article or thing - AT

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